OFF MARKET

2 Reeve Street
Somerset TAS 7322

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 169m2
Land area: 736m2
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Last updated 11 Nov 2024
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Property Details for 2 Reeve St, Somerset

2 Reeve St, Somerset is a 2 bedroom, 2 bathroom House and was built in 2021. The property has a land size of 736m2 and floor size of 169m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
House
Year Built
2021
Floor Size
169m2
Land Size
736m2
Local Government
Waratah-Wynyard
Lot/Plan
12/55453

Property History for 2 Reeve St, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$95,000
10 Sep 2019
  • 10 Sep 2019
    Sold for $95,000
  • 26 Nov 2015
    Sold for $55,000

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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 2,045 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 15 properties listed for sale, and 3 properties 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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