OFF MARKET

44 Simpson Street
Somerset TAS 7322

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 120m2
Land area: 645m2
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Property Details for 44 Simpson St, Somerset

44 Simpson St, Somerset is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 645m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
1950
Floor Size
120m2
Land Size
645m2
Local Government
Waratah-Wynyard
Lot/Plan
1/214398

Last Listing description (December 2020)

Located within walking distance to the town centre of Somerset sits this three bedroom home that has been partly renovated but still has lots of original charm. This property offers plenty of potential and would perfectly suit an investor or a first home buyer.Features Include:- North facing lounge room with electric heater- Three spacious bedrooms- Updated kitchen- Recently renovated bathroom- Large and fully secure yard, perfect to build a shed (STCA)- Vinyl cladding, aluminium windows- Currently tenanted and returning $250 per weekWith lots of the big expenses taken care of, this property has plenty of potential for you to make your mark!**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.

Property History for 44 Simpson St, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$190,000
30 Oct 2020
  • 30 Oct 2020
    Sold for $190,000
  • 25 Aug 2020
    Listed for Sale Best offer over $199,000
  • 01 Sep 2018
    Sold for $160,000
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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 2,046 properties. Over the last 5 years, Houses in Somerset have seen a 74.73% increase in median value, while Units have seen a 66.67% increase. As at 30 September 2024:

  • The median value for Houses in Somerset is $442,428 while the median value for Units is $359,435.
  • Houses have a median rent of $400 while Units have a median rent of $253.
There are currently 16 properties listed for sale, and 1 property listed for rent in Somerset on OnTheHouse. According to CoreLogic's data, 74 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.