SOLD
Sold on 09 Dec 2023 for $320,000

43 Malakoff Street
Somerset TAS 7322

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 100m2
Land area: 685m2
Sold By
Tom Smith
One Agency Burnie
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Property Details for 43 Malakoff St, Somerset

43 Malakoff St, Somerset is a 3 bedroom, 1 bathroom House and was built in 1973. The property has a land size of 685m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Somerset in the last 12 months.

Building Type
House
Year Built
1973
Floor Size
100m2
Land Size
685m2
Local Government
Waratah-Wynyard
Lot/Plan
64/55236

Last Listing description (February 2024)

Sturdy and dependable, 43 Malakoff Street represents phenomenal value for the Somerset area. With solid all-round construction from a time when houses were built to last, there is plenty to work with here. With the option to set it up as a “set and forget” type of investment, or you could move in and get to work and let your creative side run rampant and make the house truly yours, the choice is yours!

Features:
- Three Bedrooms, two of which have built in cupboards;

- One bathroom with shower over bath;
- Seperate toilet;
- Updated kitchen with modern appliances and dishwasher;
- Heat pump / air conditioner in the lounge;
- Solid brick construction with aluminium windows;
- Fully secured year yard for the kids and pets;
- Quiet and peaceful location with rural outlook;
- Close to all the Somerset amenities, including schools, shops and the beach;
- Plenty of storage space in the backyard sheds and much MUCH more to see here!

Somerset is one of the hidden, uncut gems of the North-West Coast of Tasmania and primed to become a residential hotspot. Serious investors should take note here and savvy renovators are sure to recognise the value on offer. Contact One Agency Burnie to arrange your private inspection now!

Building Size: 103 m2 (approx.)
Land Size: 685 m2 (approx.)
Beds: 3
Baths: 1
Open Spaces For Vehicles: 2
Water Rates: $280 p/qu (approx.)

One Agency 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.

Property History for 43 Malakoff St, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$320,000
09 Dec 2023
  • 09 Dec 2023
    Sold for $320,000
  • 19 Oct 2023
    Listed for Sale Not Disclosed
  • 12 Oct 2016
    Sold for $210,000
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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.
There are currently 17 properties listed for sale, and no properties listed for rent in Somerset on OnTheHouse. According to CoreLogic's data, 77 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.