OFF MARKET

3/38 Malakoff Street
Somerset TAS 7322

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 143m2
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Last updated 16 Dec 2024
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Property Details for 3/38 Malakoff St, Somerset

3/38 Malakoff St, Somerset is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 143m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
Unit
Year Built
1975
Floor Size
82m2
Land Size
143m2
Local Government
Waratah-Wynyard
Lot/Plan
3/166584

Last Listing description (July 2024)

A recently updated 2-bedroom, 1-bathroom unit located in Somerset is now available for lease. With a spacious living area, a well-appointed kitchen, and a carport space for one vehicle, this property offers comfortable living in a convenient location.

Features include:
- 2 good-sized bedrooms

- Open plan kitchen/dining
- Updated kitchen with plenty of storage
- Reverse cycle heat pump
- Shower over the bath
-Separate laundry
- Single carport for parking

Lease details:
- 12 month lease preferred
- Sorry, pets are not suited

Once your application and supporting documents have been received we will be in touch as your application progresses through the system.

Property History for 3/38 Malakoff St, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$102,500
08 Nov 2015
Listed for Rent
$260/w
28 Jun 2024
  • 11 Jun 2024
    Listed for Rent $260 / week
  • 15 May 2023
    Listed for Rent $245 / week
  • 17 Apr 2018
    Listed for Rent $220 / week
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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 2,046 properties. Over the last 5 years, Houses in Somerset have seen a 67.69% increase in median value, while Units have seen a 61.50% increase. As at 30 November 2024:

  • The median value for Houses in Somerset is $451,944 while the median value for Units is $359,192.
  • Houses have a median rent of $400 while Units have a median rent of $253.
There are currently 17 properties listed for sale, and 1 property listed for rent in Somerset on OnTheHouse. According to CoreLogic's data, 76 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.