OFF MARKET

24 Raglan Street
Somerset TAS 7322

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Floor area: 61m2
Land area: 1031m2
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Last updated 16 Sep 2024
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Property Details for 24 Raglan St, Somerset

24 Raglan St, Somerset is a 8 bedroom, 4 bathroom House with 4 parking spaces and was built in 1977. The property has a land size of 1031m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in February 2013.

Building Type
House
Year Built
1977
Floor Size
61m2
Land Size
1031m2
Local Government
Waratah-Wynyard
Lot/Plan
1/39625

Last Listing description (September 2024)

Harcourts Burnie are proud to present 24 Raglan Street, Somerset to the market. Positioned in the perfect investment location on approximately 1031sqm of flat land. This four-unit investment on one title, has been well maintained by its long term, proactive Vendors.

Property Features:

- Two bedroom and one bathroom configuration
- Eight off street parking spaces including carport
- Common area storage space with solar lighting
- Long term tenancies in place
- All units have their own amenities and private yards
- Located within walking distance to local schools and public transport
- Flat walking distance to the main street of Somerset

Please contact our office for a copy of the Information Memorandum which is available as well as a current depreciation schedule.

*Harcourts Burnie has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.*

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Property History for 24 Raglan St, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$380,000
18 Feb 2013
Listed for Rent
$135/w
02 Sep 2010
  • 04 Sep 2024
    Listed for Sale $1,150,000
  • 08 Feb 2024
    Listed for Sale $1,150,000
  • 18 Feb 2013
    Sold for $380,000
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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 70.37% increase in median value, while Units have seen a 71.70% increase. As at 31 August 2024:

  • The median value for Houses in Somerset is $426,176 while the median value for Units is $359,736.
  • Houses have a median rent of $400 while Units have a median rent of $253.
There are currently 18 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.

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