OFF MARKET

3/5 Falmouth Street
Somerset TAS 7322

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 82m2
Land area: 198m2
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Property Details for 3/5 Falmouth St, Somerset

3/5 Falmouth St, Somerset is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1978. The property has a land size of 198m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Unit
Year Built
1978
Floor Size
82m2
Land Size
198m2
Local Government
Waratah-Wynyard
Lot/Plan
3/58991

Last Listing description (January 2020)

Is this somerset's best kept secret? This tastefully updated, co-joined unit is positioned within a stone's throw of Somerset's ever popular swim beach and within walking distance to all that the village has to offer - perfect for the down-scaler or investor. featuring; - 2 bedrooms (main with built in) - Solid brick construction - Updated and very modern kitchen - Open plan living - Private, located off the street - Sunny & warm all day I don't expect this one to last long, so don't delay in calling for your private inspection!

Property History for 3/5 Falmouth St, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$205,000
07 Dec 2019
Listed for Rent
$220/w
10 Feb 2017
  • 07 Dec 2019
    Sold for $205,000
  • 22 Nov 2019
    Listed for Sale $205,000
  • 18 Jan 2017
    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 74.73% increase in median value, while Units have seen a 66.67% increase. As at 30 September 2024:

  • The median value for Houses in Somerset is $442,428 while the median value for Units is $359,435.
  • Houses have a median rent of $400 while Units have a median rent of $253.
There are currently 16 properties listed for sale, and 1 property 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.