OFF MARKET

2/56 Simpson Street
Somerset TAS 7322

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 216m2
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Property Details for 2/56 Simpson St, Somerset

2/56 Simpson 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 216m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
1989
Floor Size
80m2
Land Size
216m2
Local Government
Waratah-Wynyard
Lot/Plan
2/56835

Last Listing description (June 2023)

Just a few blocks from the Somerset town centre sits this low maintenance, level, 2-bedroom brick unit with views of Table Cape.

Open plan kitchen and dining areas with an abundance of natural light, and reverse cycle air conditioner. Both bedrooms have built-in wardrobes, and the bathroom has a separate bath and shower. Along with a single garage with internal access.

If you're looking for a low maintenance home or an attractive investment in a great location, then this could be the perfect opportunity for you.

Call Amy for more information or to arrange a private inspection.

Please note - as this property is currently tenanted, a minimum of 48 hours' notice is required for private inspections.

Disclaimer: While Elders Real Estate Burnie has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 2/56 Simpson St, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$336,000
28 Apr 2023
Listed for Rent
$265/w
22 Jan 2020
  • 28 Apr 2023
    Sold for $336,000
  • 10 Jan 2020
    Listed for Rent $265 / week
  • 11 Nov 2019
    Sold for $225,000
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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 2,047 properties. Over the last 5 years, Houses in Somerset have seen a 67.02% increase in median value, while Units have seen a 52.73% increase. As at 31 December 2024:

  • The median value for Houses in Somerset is $452,923 while the median value for Units is $346,415.
  • Houses have a median rent of $400 while Units have a median rent of $253.
There are currently 18 properties listed for sale, and 1 property listed for rent in Somerset on OnTheHouse. According to CoreLogic's data, 78 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.