25 Arthur StreetSomerset TAS 7322
Property Details for 25 Arthur St, Somerset
25 Arthur St, Somerset is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 1990m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in November 2018.
Last Listing description (March 2017)
Attention developers and/or smart owner occupiers who can see the potential here on Arthur due to the huge 2000m2 block seemingly ideal for future block or unit development (STCA).
A solid home with aluminium windows and colour bond roof with terrific street appeal due to her impressive bullnosed verandah. Four spacious, newly plastered and carpeted bedrooms, built-ins, eyecatching polished floorboard hallway, 5m x 5m lounge, semi attached craft room, oversized garage and carport, sheltered entertainment area and a large summer garden pergola.
Only a short and level walk to Somerset s beach, shopping district, and School. Great value for the home alone without considering the ever growing demand for future development suitable allotments. (STCA)
Property History for 25 Arthur St, Somerset, TAS 7322
- 15 Nov 2018Sold for $312,000
- 17 Feb 2017Sold for $245,000
- 28 Oct 2016Listed for Sale Reduced $259,000
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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.
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