OFF MARKET

4 Lewis Street
Somerset TAS 7322

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 83m2
Land area: 487m2
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Last updated 2 Sep 2024
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Property Details for 4 Lewis St, Somerset

4 Lewis St, Somerset is a 2 bedroom, 1 bathroom House. The property has a land size of 487m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Floor Size
83m2
Land Size
487m2
Local Government
Waratah-Wynyard
Lot/Plan
15/54796

Last Listing description (September 2023)

This great little duplex property is ideally located on a nice easy care, level block in popular Somerset. It is weatherboard in construction and consists of 2 bedrooms, with electric heating, it has aluminium windows and is mostly in original condition. Offers potential for new owners to put their own stamp on the property. The property is a ready-made investment and currently has a long term tenant and is rented for $260 pw until September 2023.

This is a great entry level property in a popular part of town and would be a fantastic opportunity for a first home buyer to enter into the real estate market or alternatively it represents an exceptional investment opportunity all at n affordable price.

Please note the property will require a minimum of 48 hours' notice prior to any inspections

*Harcourts Burnie has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.*

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Property History for 4 Lewis St, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
04 Sep 2023
Listed for Rent
$215/w
18 Sep 2019
  • 14 Aug 2023
    Sold for $255,000
  • 16 Jun 2023
    Listed for Sale $269,000
  • 05 Sep 2019
    Listed for Rent - Price not available
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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 70.95% increase in median value, while Units have seen a 59.04% increase. As at 31 July 2024:

  • The median value for Houses in Somerset is $425,823 while the median value for Units is $336,085.
  • Houses have a median rent of $400 while Units have a median rent of $253.
There are currently 14 properties listed for sale, and no properties listed for rent in Somerset on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in Somerset.

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