OFF MARKET

1 New Street
Somerset TAS 7322

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 99m2
Land area: 728m2
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Last updated 11 Nov 2024
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Property Details for 1 New St, Somerset

1 New St, Somerset is a 3 bedroom, 1 bathroom House and was built in 1965. The property has a land size of 728m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in October 2015.

Building Type
House
Year Built
1965
Floor Size
99m2
Land Size
728m2
Local Government
Waratah-Wynyard
Lot/Plan
2/54734

Last Listing description (June 2024)

This neat and tidy 3 bedroom home is located in sought after Somerset, located within close proximity to shops, schools and the beach.

Featuring:
- Three bedrooms one with built in wardrobe

- Modern kitchen
- Updated bathroom with shower over bath
- Central split system air conditioner
- Double glazed windows
- Fully fenced on a level block
- Close to shops, schools and the beach

LEASE DETAILS:
Available: 28th June 2024
Pets: Considered upon application
Inspections: Inspections will be arranged upon successful pre-approval of an application. Please do not approach or enter the property without an agent present.

One Agency Burnie has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 1 New St, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$165,000
28 Oct 2015
Listed for Rent
$240/w
14 Nov 2017
  • 31 May 2024
    Listed for Rent $380 / week
  • 13 Nov 2017
    Listed for Rent - Price not available
  • 12 Dec 2016
    Listed for Rent $240 / 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 2,045 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 15 properties listed for sale, and 3 properties listed for rent in Somerset on OnTheHouse. According to CoreLogic's data, 73 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.