OFF MARKET

1/7 Reeve Street
Somerset TAS 7322

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 220m2
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Property Details for 1/7 Reeve St, Somerset

1/7 Reeve St, Somerset is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 220m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in July 2013.

Building Type
Unit
Year Built
1979
Floor Size
72m2
Land Size
220m2
Local Government
Waratah-Wynyard
Lot/Plan
1/58462

Last Listing description (July 2013)

FANTASTIC TWO BEDROOM UNIT - LEVEL ACCESS
Lovely renovated two bedroom villa unit conveniently located in a quiet street and level walk to Somerset CBD and Beach.
Spacious open plan design with new kitchen featuring quality Miele' appliances including stainless steel oven, Glass Ceran cook top, retract rangehood and twin draw Dishwasher.

Two bedrooms with built-ins to both, bathroom with shower and separate toilet and side access onto seperate paved courtyard which also doubles conveniently to park the Caravan or Boat.
Also featuring a single carport and two garden sheds to store all the tools!
A rare gem of a property, ideal investment or perfect to downsize, call today to arrange a personal inspection.
Adam Luck 0417 425 637 or 0364 32 3000.
Additional feature/s - Close to Shops.

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Property History for 1/7 Reeve St, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$170,000
12 Jul 2013
  • 12 Jul 2013
    Sold for $170,000
  • 30 May 2013
    Listed for Sale $179,000
  • 20 Sep 1985
    Sold for $37,500

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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 74.06% increase in median value, while Units have seen a 68.40% increase. As at 31 October 2024:

  • The median value for Houses in Somerset is $444,283 while the median value for Units is $358,224.
  • Houses have a median rent of $400 while Units have a median rent of $253.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Somerset on OnTheHouse. According to CoreLogic's data, 79 properties were sold in the past 12 months in Somerset.

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