OFF MARKET

2/25 Murchison Highway
Somerset TAS 7322

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 303m2
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Property Details for 2/25 Murchison Hwy, Somerset

2/25 Murchison Hwy, Somerset is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 303m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in June 2013.

Building Type
Unit
Year Built
1994
Floor Size
101m2
Land Size
303m2
Local Government
Waratah-Wynyard
Lot/Plan
2/114012

Property History for 2/25 Murchison Hwy, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$253,000
04 Jun 2013
Listed for Rent
$240/w
05 Jan 2012
  • 04 Jun 2013
    Sold for $253,000
  • 24 Nov 2011
    Listed for Rent - Price not available
  • 17 Sep 2009
    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 2,047 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.