OFF MARKET

16 Edward Street
Somerset TAS 7322

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 260m2
Land area: 52230m2
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Last updated 11 Nov 2024
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Property Details for 16 Edward St, Somerset

16 Edward St, Somerset is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 2012. The property has a land size of 52230m2 and floor size of 260m2. While the property is not currently for sale or for rent, it was last sold in May 2012.

Building Type
House
Year Built
2012
Floor Size
260m2
Land Size
52230m2
Local Government
Waratah-Wynyard
Lot/Plan
1/162449

Last Listing description (April 2012)

Perfect
Location, Position, Quality, Lifestyle are words used to describe different properties in the case all apply to the outstanding property on offer. Set magnificently on approx 14 acres in the Somerset town boundary we have a beautifully positioned large brick home surrounded by established gardens, ornamental trees with orchard and vegetable gardens. In the forefront is a huge stunning lake fed by permanent creek. The home has 3 bedrooms, large kitchen, lounge and dining room a massive family rumpus and 3 carports plus workshop. Horse riding, fishing and water sports are just a few choices of lifestyle available.

Property History for 16 Edward St, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$540,000
22 May 2012
  • 22 May 2012
    Sold for $540,000
  • 10 Nov 2011
    Listed for Sale $698,000

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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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