OFF MARKET

5 Somerset Lane
Byron Bay NSW 2481

Bedrooms: 3
Bathrooms: 3
Car spaces: 4
Floor area: 156m2
Land area: 425m2
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Property Details for 5 Somerset Lane, Byron Bay

5 Somerset Lane, Byron Bay is a 3 bedroom, 3 bathroom House with 4 parking spaces and was built in 1999. The property has a land size of 425m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1999
Floor Size
156m2
Land Size
425m2
Local Government
Byron
Lot/Plan
131/DP1141982

Last Listing description (August 2022)

Inspired by a Santorini Villa and bathed in sunlight as its name suggests, The Apollo has recently undergone a renovation offering modern living and stylish design. The spacious light filled interiors and crisp white walls are complemented by terracotta tiled floors and soaring raked ceilings. Positioned right in the heart of the market quarter, you are literally 500m to the centre of Byron Bay village and only 700m to Main Beach.

Whether you are looking for a home or an investment - The Apollo delivers.


Currently The Apollo operates as a holiday home that has cleverly been divided into 2 individual accomodations. Offering versatility, the properties can be easily converted into one big family home.

The main house:
2 bedrooms, 2 bathrooms. The master has an ensuite and walk in wardrobe
Open plan living and dining room with plush built in seating
Versatile formal lounge room or 3rd bedroom
Central fireplace
Air conditioning
Contemporary kitchen with island bench
European laundry
Private sunbathed courtyard with timber decking, built in seating and pergola
Tropical low maintenance yard with covered timber decking, dining area and fire pit. Perfect for entertaining

The studio:
1 bedroom
Contemporary bathroom with separate toilet
Open plan living and dining with kitchenette
Air conditioning
Beautiful timber floors
Covered verandah with outdoor lounge area
Private low maintenance yard

Dual Occupancy
Tourism accommodation - Hospitality
Serene lifestyle
Plenty of off street parking
Solar panels output 6.6kw

- Positioned moments from Byron Farmers Market
- 700m walk to Main Beach
- 500m walk to Heart of Byron Bay
- 5km to M1 North and Southbound
- 25 Mins to Ballina Byron Gateway Airport
- 40 Mins to Gold Coast Airport

Property History for 5 Somerset Lane, Byron Bay, NSW 2481

A timeline of how this property has performed in the market
Last Sold
$2,800,000
16 May 2023
Listed for Rent
$950/w
09 May 2017
  • 16 May 2023
    Sold for $2,800,000
  • 19 May 2022
    Listed for Sale Contact Agent
  • 02 Oct 2019
    Sold for $1,650,000
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About Byron Bay 2481

The size of Byron Bay is approximately 19.8 square kilometres. It has 13 parks covering nearly 25.3% of total area. The population of Byron Bay in 2011 was 4,958 people. By 2016 the population was 5,517 showing a population growth of 11.3% in the area during that time. The predominant age group in Byron Bay is 20-29 years. Households in Byron Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Byron Bay work in a professional occupation. In 2011, 53.8% of the homes in Byron Bay were owner-occupied compared with 57.3% in 2016.

Byron Bay has 6,001 properties. Over the last 5 years, Houses in Byron Bay have seen a 80.57% increase in median value, while Units have seen a 44.51% increase. As at 30 September 2024:

  • The median value for Houses in Byron Bay is $2,432,130 while the median value for Units is $1,299,522.
  • Houses have a median rent of $990 while Units have a median rent of $955.
There are currently 28 properties listed for sale, and 14 properties listed for rent in Byron bay on OnTheHouse. According to CoreLogic's data, 211 properties were sold in the past 12 months in Byron bay.

Suburb Insights for Byron Bay 2481

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.