OFF MARKET

10 Oak Avenue
Somerset TAS 7322

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 510m2
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Property Details for 10 Oak Ave, Somerset

10 Oak Ave, Somerset is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 510m2 and floor size of 89m2.

Building Type
Unit
Year Built
1989
Floor Size
89m2
Land Size
510m2
Local Government
Waratah-Wynyard
Lot/Plan
228/27663

Last Listing description (April 2010)

CASH IN ON GOVERNMENT ASSISTANCE...
WITH UP TO $23,000 IN GOVERNMENT ASSISTANCE (CONDITIONS APPLY) YOU COULDN'T GO WRONG WITH THIS NEW MODERN DESIGN 2 BEDROOM UNIT.
OPEN TO BUYERS WHO ARE ELIGIBLE FOR THE FIRST HOME OWNERS GRANT, STREETS AHEAD INITIATIVE PROGRAM AND/OR HOME SHARE PROGRAM.

BUILT WITH PASSIVE SOLAR DESIGN, CLIMATE SENSITIVE AND COMES WITH A 5 STAR ENERGY RATING. SITTING IN A LEVEL BLOCK, NORTH FACING LIVING AREA, CLOSE TO SCHOOL, SHOP AND WALKING DISTANCE TO BEACH. THIS IS AN EXCITING OPPORTUNITY TO GET INTO THE HOUSING MARKET. BE QUICK!
HTTP://WWW.DHHS.TAS.GOV.AU/ABOUT_THE_DEPARTMENT/STRUCTURE/OPERATIONAL_UNITS/HOUSING_TASMANIA/SALES_PROGRAM/PROPERTY_SALES
HOME SHARE PRICE - $131,250
NON HOME SHARE PRICE - $175,000
DON'T HESITATE, CALL ANDREW DE BOMFORD TODAY ON 0418 300 147.

Property History for 10 Oak Ave, Somerset, TAS 7322

A timeline of how this property has performed in the market
  • 21 Nov 2009
    Listed for Sale HOME SHARE PRICE - $135,000

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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 2,047 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 3 properties listed for rent in Somerset on OnTheHouse. According to CoreLogic's data, 76 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.