OFF MARKET

2/38 Malakoff Street
Somerset TAS 7322

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 135m2
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Last updated 28 Oct 2024
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Property Details for 2/38 Malakoff St, Somerset

2/38 Malakoff St, Somerset is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 135m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
Unit
Year Built
1975
Floor Size
82m2
Land Size
135m2
Local Government
Waratah-Wynyard
Lot/Plan
2/166584

Last Listing description (February 2024)

You can't go wrong with this neat & tidy 2 bedroom unit in a quiet street of Somerset!

Property Details:
- 2 large bedrooms

- Open living
- Updated kitchen & bathroom
- Reverse cycle heat pump
- Low maintenance
- Carport included

Lease details:
- Break lease: 12 Month Lease term preferred
- Pets may be negotiable
- Yard maintenance included
- Available 12/02/2024

To apply please use the following link - https://ire.fyi/pr4zt85

Once your application and supporting documents have been received we will be in touch as your application progresses through the system and to arrange an inspection.

Property History for 2/38 Malakoff St, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$102,500
08 Nov 2015
Listed for Rent
$245/w
30 Jan 2024
  • 30 Jan 2024
    Listed for Rent $245 / week
  • 19 Jul 2023
    Listed for Rent $245 / week
  • 17 Oct 2018
    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 74.73% 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.

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.