OFF MARKET

1/5 Esplanade
Somerset TAS 7322

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
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Property Details for 1/5 Esplanade, Somerset

1/5 Esplanade, Somerset is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a floor size of 92m2.

Building Type
Unit
Year Built
2000
Floor Size
92m2
Local Government
Waratah-Wynyard

Last Listing description (November 2023)

What you will love... Lifestyle | Views | Beach | Aspect

Looking for a sea change? Situated in an awesome location across the road from the beach and short distance to shopping centre.

+ Upper level

+ Both bedrooms have built-ins
+ Electric heating
+ Stylish kitchen and meals area
+ Combined Bathroom / Laundry combination, shower only
+ Lock up garage for one vehicle

Quiet tenant preferred. Security access. No yards to maintain. Most suited for single, professional or retiree. Sorry - not suited for pets.

INSPECTING: If interested, please submit your application to our Agency. Pre-approved applicants will be contacted to arrange a viewing inspection.

APPLYING: Our Agency supports Tenant Options. Please use the following link to be directed to their website and signup to apply - https://tenantoptions.com.au/

Disclaimer: The above information has been furnished to us by the owner/s and other third parties. We have not verified whether or not that information is accurate and do not have any belief one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.

Property History for 1/5 Esplanade, Somerset, TAS 7322

A timeline of how this property has performed in the market
Listed for Rent
$205/w
03 Nov 2017
  • 07 Nov 2023
    Listed for Rent $330 / week
  • 23 Oct 2017
    Listed for Rent $205 / week
  • 23 Jun 2016
    Listed for Rent $200 / week
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About Somerset 7322

The size of Somerset is approximately 27 square kilometres. It has 8 parks covering nearly 1.3% of total area. The population of Somerset in 2011 was 3,974 people. By 2016 the population was 3,885 showing a population decline of 2.2% in the area during that time. The predominant age group in Somerset is 50-59 years. Households in Somerset are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Somerset work in a trades occupation. In 2011, 71% of the homes in Somerset were owner-occupied compared with 69.3% in 2016.

Somerset has 2,046 properties. Over the last 5 years, Houses in Somerset have seen a 74.73% increase in median value, while Units have seen a 66.67% increase. As at 30 September 2024:

  • The median value for Houses in Somerset is $442,428 while the median value for Units is $359,435.
  • Houses have a median rent of $400 while Units have a median rent of $253.
There are currently 16 properties listed for sale, and 1 property listed for rent in Somerset on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Somerset.

Suburb Insights for Somerset 7322

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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.