OFF MARKET

121 Little Village Lane
Somerset TAS 7322

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 272m2
Land area: 10040m2
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Last updated 11 Nov 2024
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Property Details for 121 Little Village Lane, Somerset

121 Little Village Lane, Somerset is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2018. The property has a land size of 10040m2 and floor size of 272m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
Unit
Year Built
2018
Floor Size
272m2
Land Size
10040m2
Local Government
Waratah-Wynyard
Lot/Plan
1/170390

Last Listing description (February 2020)

This is a rare opportunity to own your own little piece of lifestyle!
With views of the valley and mountains beyond, you can enjoy changing scenery year round! The building envelope on this mostly level piece of land is perfect to get started immediately. The neighbouring property is currently under construction, so you can be assured to be surrounded by some lovely homes, and with some careful and thoughtful planning, start planting some trees and hedges immediately to create the perfect surroundings for your dream home.
The neighbouring property has a bore and the owner is open to discussing some water rights to ensure there will be no shortage of water to the property.

You can create your dream property from scratch, and situated just 5 minutes out of Somerset, can enjoy a peaceful but convenient lifestyle style!

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Property History for 121 Little Village Lane, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$636,000
25 Nov 2019
  • 06 Jan 2020
    Listed for Sale $650,000
  • 25 Nov 2019
    Sold for $636,000
  • 30 May 2018
    Sold for $100,000
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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 2,046 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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