OFF MARKET

223 Murchison Highway
Somerset TAS 7322

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 145m2
Land area: 1171m2
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Property Details for 223 Murchison Hwy, Somerset

223 Murchison Hwy, Somerset is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 1171m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in November 2013.

Building Type
House
Year Built
1965
Floor Size
145m2
Land Size
1171m2
Local Government
Waratah-Wynyard
Lot/Plan
4/81418

Last Listing description (December 2013)

AUCTION - This Saturday!!
This house has seen better days and definitely fits into the renovator category and must sell. It sits in a great location just out of town and has a massive garage workshop and while the house is in average condition there is a load of potential for the astute buyer to really do something with this 'diamond in the rough'.First home buyers, investors and renovators take note of this one. Owners will meet the market.

Property History for 223 Murchison Hwy, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$135,000
30 Nov 2013
  • 30 Nov 2013
    Sold for $135,000
  • 29 Oct 2013
    Listed for Sale AUCTION 23 NOV 2013
  • 23 May 2012
    Listed for Sale $199,999

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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 2 properties 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.