3/7 Reeve StreetSomerset TAS 7322
Property Details for 3/7 Reeve St, Somerset
3/7 Reeve St, Somerset is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 128m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in March 2015.
Last Listing description (June 2015)
This low maintenance brick unit situated within minutes from the main shopping hub of Somerset is a true gem, unit 3 is found in a complex of five in a quiet Cul-de-sac with public transport available close to the property.
Recently painted and complimented with new floor coverings the two bedroom unit is very well presented and ready to move into , the bathroom has been modernized and is clean and crisp, and the open plan living area enjoys the afternoon sun and has electric heating for those winter days. A small court yard at the rear of the property keeps the yard maintenance to a minimum , and the unit has its own carport which is large enough to house two cars.
Convenient, level, and affordable are just a few of the points that make home so appealing ,to either live in yourself or invest in for the future ,either way there are ticks all around for this unit.
Property History for 3/7 Reeve St, Somerset, TAS 7322
- 31 Mar 2015Sold for $158,000
- 08 May 2014Listed for Sale PRICE REDUCTION - $159,000
- 15 Apr 2002Sold for $42,000
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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.
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