OFF MARKET

2/23 Murchison Highway
Somerset TAS 7322

Bedrooms: 2
Bathrooms: -
Car spaces: 1
Floor area: 85m2
Land area: 309m2
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Property Details for 2/23 Murchison Hwy, Somerset

2/23 Murchison Hwy, Somerset is a 2 bedroom, bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 309m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in November 2002.

Building Type
Unit
Year Built
1994
Floor Size
85m2
Land Size
309m2
Local Government
Waratah-Wynyard
Lot/Plan
2/108797

Property History for 2/23 Murchison Hwy, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$92,000
12 Nov 2002
  • 12 Nov 2002
    Sold for $92,000
  • 17 Jun 1997
    Sold for $92,000
  • 27 Oct 1993
    Sold for $85,000

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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 74.73% increase in median value, while Units have seen a 66.67% increase. As at 30 September 2024:

  • The median value for Houses in Somerset is $442,428 while the median value for Units is $359,435.
  • Houses have a median rent of $400 while Units have a median rent of $253.
There are currently 16 properties listed for sale, and 1 property listed for rent in Somerset on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Somerset.

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