SOLD
Sold on 23 Jan 2024 for $890,000

Somerset Esplanade
Somerset TAS 7322

Bedrooms: 8
Bathrooms: 4
Car spaces: 2
Floor area: 277m2
Land area: 663m2
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Property Details for 5 Somerset Esp, Somerset

5 Somerset Esp, Somerset is a 8 bedroom, 4 bathroom House with 2 parking spaces and was built in 1954. The property has a land size of 663m2 and floor size of 277m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 8 bedroom House sold in Somerset in the last 12 months.

Building Type
House
Year Built
1954
Floor Size
277m2
Land Size
663m2
Local Government
Waratah-Wynyard
Lot/Plan
1/14793

Last Listing description (June 2019)

Fancy jogging along the beach before breakfast... What about taking a stroll to the waters edge to shed the stress of the day... Well, from this 3 bedroom house imagine no more
Venture across the road and you will be leaving your footprints in the sand in no time.
Things you'll want to know:

- Sun worshippers will appreciate the north facing living area
- Electric heating
- Polished timber floors throughout
- Built-ins in the main bedroom
- Shower over the bath
- Garage for 1 car
- Suit quiet single or couple
- NBN available
- Lease ends Aug 2019
There are no yards to maintain so all that you need to do is relax and enjoy the view! Sorry, no pets allowed.
Demand Location makes fast action a MUST.
Wish you were here...
PLEASE NOTE: Appointments can be arranged upon completing an application form

Property History for 5 Somerset Esp, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$890,000
23 Jan 2024
Listed for Rent
$230/w
04 Jun 2019
  • 23 Jan 2024
    Sold for $890,000
  • 24 May 2019
    Listed for Rent $230 / week
  • 06 Feb 2018
    Listed for Rent $220 / week
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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 2,045 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:

  • The median value for Houses in Somerset is $444,283 while the median value for Units is $358,224.
  • Houses have a median rent of $400 while Units have a median rent of $253.
There are currently 15 properties listed for sale, and 3 properties listed for rent in Somerset on OnTheHouse. According to CoreLogic's data, 73 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.