SOLD
Sold on 15 Feb 2024 for $251,000

235 Murchison Highway
Somerset TAS 7322

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 703m2
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Property Details for 235 Murchison Hwy, Somerset

235 Murchison Hwy, Somerset is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1958. The property has a land size of 703m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Somerset in the last 12 months.

Building Type
House
Year Built
1958
Floor Size
100m2
Land Size
703m2
Local Government
Waratah-Wynyard
Lot/Plan
3/57392

Last Listing description (August 2018)

Weather you're looking to add to your investment portfolio, buy your first home or maybe you're handy on the tools and looking for a project, this could be the one you're after.
* Positioned on a generous 703m2 block
* Conveniently located an approx three minute drive to Somerset shopping district

* Functional kitchen overlooking the back yard
* Two bedrooms, main with built in
* An additional rumpus/sun room that could easily be converted to a third bedroom
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Property History for 235 Murchison Hwy, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$251,000
15 Feb 2024
Listed for Rent
$200/w
08 Feb 2018
  • 15 Feb 2024
    Sold for $251,000
  • 16 Dec 2020
    Sold for $175,000
  • 03 Sep 2018
    Sold for $148,000
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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 2,048 properties. Over the last 5 years, Houses in Somerset have seen a 70.95% increase in median value, while Units have seen a 59.04% increase. As at 31 July 2024:

  • The median value for Houses in Somerset is $425,823 while the median value for Units is $336,085.
  • Houses have a median rent of $400 while Units have a median rent of $253.
There are currently 14 properties listed for sale, and no properties listed for rent in Somerset on OnTheHouse. According to CoreLogic's data, 75 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.