31 Murchison HighwaySomerset TAS 7322
Property Details for 31 Murchison Hwy, Somerset
31 Murchison Hwy, Somerset is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1956. The property has a land size of 8494m2 and floor size of 226m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 4 bedroom House sold in Somerset in the last 12 months.
Last Listing description (November 2023)
Renovate and reap the rewards. A sparkling stream (Distillery Creek) flows through this 2 acre+ property creating an absolutely gorgeous setting. We have the all important Real Estate rule of LOCATION covered, within Somersets town boundary and just minutes from one of the most beautiful beaches on the North West coast, the Cam River, shopping, bakery, cafe etc and less than 10 minutes to the Burnie CBD and hospital.
Please note we have priced this much loved family property to allow for some renovations. Even though its completely livable now, with some creative renovations -this property in this magical setting could be something truly spectacular.
This property offers an incredible lifestyle opportunity for all ages, enjoying family life and raising children in this dream like setting will surely create a lifetime of memories- fishing and exploring on your own property. Equally imagine how wonderful it would be to retire on a property as private and tranquil as this, tending the garden, growing vegetables, there is a chicken coup for fresh eggs, you could easily spend hours relaxing and gazing into the clear waters of 'Distillery Creek', maybe write a book or take up painting, make the most of the annual White bait run*, all within minutes to all facilities.
This home has already undergone many improvements- like the mostly new roof, aluminium windows and kitchen, however there is still plenty of work to do and an opportunity to turn this already special property into something spectacular.
It's difficult to imagine a better setting for someone interested in running a guest house or Air-BnB (STCA). The lower level could easily be a great sized self-sufficient living space and already has a small basic kitchenette.
This property is a fantastic package and one that someone will love and enjoy for a lifetime. Please note, the home is elevated well above the Distillery Creek.
For more information or a private inspection please feel free to call or email us.
*Recreational white bait fishing requires a license in Tasmania
While we use all reasonable endeavours to verify the information contained herein, we cannot guarantee that it is entirely accurate. The information provided is obtained through various sources, all of which we consider to be reliable however given the nature of 'buyer beware' in Tasmania, it is recommended that prospective purchasers conduct their own investigations in addition to information provided to them by the agency.
Property History for 31 Murchison Hwy, Somerset, TAS 7322
- 20 Sep 2023Sold for $515,000
- 22 Dec 2022Listed for Sale $525,000
- 05 Feb 2021Sold for $360,000
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0About 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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