OFF MARKET

2/2 Raglan Street
Somerset TAS 7322

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 271m2
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Property Details for 2/2 Raglan St, Somerset

2/2 Raglan St, Somerset is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 271m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
1989
Floor Size
70m2
Land Size
271m2
Local Government
Waratah-Wynyard
Lot/Plan
2/56745

Last Listing description (February 2023)

What a great investment opportunity! If you are looking to start or increase your investment portfolio this could be the one.
This 2-bedroom brick unit with carport, aluminium windows and heat pump is currently tenanted and has been very well maintained.
Somerset is a beautiful seaside town that isn't overcrowded, and this unit is a short flat walk into town.

The supermarkets, doctors, hairdressers, clothing shops and all local retail outlets are only minutes' away.
This won't last long!

Roberts Real Estate has made all reasonable efforts to obtain information regarding this property from industry and government sources that are deemed to be both reliable and factual; however, we cannot guarantee their complete accuracy in every instance. Prospective purchasers are advised to carry out their own investigations to ensure the property satisfies their suitability/usage requirements. All measurements and boundary lines are approximate.

Property History for 2/2 Raglan St, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$285,000
07 Dec 2022
Listed for Rent
$220/w
05 Apr 2019
  • 07 Dec 2022
    Sold for $285,000
  • 16 Nov 2022
    Listed for Sale $289,000
  • 28 Mar 2019
    Listed for Rent - Price not available
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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.

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.