40 Malakoff St, Somerset is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1971. The property has a land size of 690m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in February 2007.
An attractively designed home set back from the street, surprisingly spacious with four good sized bedrooms all with built-ins. Unseen from the street is a large asphalt courtyard child and pet friendly gated yard with double garage and double carport, practical for vehicle storage and also a great sheltered entertainment area. French doors open from the dining area onto this courtyard inviting family and guests to drift between the home and the outside entertainment. All level without any steps, fresh neutral colours throughout, efficient wood heater and sea glimpses from this wonderful sun catching north facing home. One of the better ones, inspections will not disappoint.
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 2,045 properties. Over the last 5 years, Houses in Somerset have seen a 74.06% increase in median value, while Units have seen a 68.40% increase. As at 31 October 2024:
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