SOLD
Sold on 20 Jun 2024 for $187,000

Back Cam Road
Somerset TAS 7322

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 12502m2
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Property Details for 538 Back Cam Rd, Somerset

Building Type
Land
Land Size
12502m2
Local Government
Waratah-Wynyard
Lot/Plan
10/35807

Last Listing description (September 2024)

This hidden gem is nestled away in a beautiful private setting that offers tranquillity.

Some people have a dream of owning a block like this, but now this could be your opportunity to make it a reality!

The block is situated between 528 & 544 Back Cam Road. The block provides:

Over 3 acres (approx.) of bush land.
Running creek.
Great walking tracks - perfect for those who love to explore.
Tranquil setting.
The existing owner has outsourced x2 pipes - the prospective purchaser can look to buy these in addition to then have a bridge constructed over the creek.
Short drive to the local Town of Somerset where you can obtain all of your essential supplies.

This could be a life changing opportunity, so contact Ellie today to find out more information.

Disclaimer: While Elders Real Estate Burnie has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 538 Back Cam Rd, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$187,000
20 Jun 2024
  • 20 Jun 2024
    Sold for $187,000
  • 23 Apr 2024
    Listed for Sale $195,000
  • 02 Dec 2021
    Sold for $200,000
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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 74.06% 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 14 properties listed for sale, and 2 properties listed for rent in Somerset on OnTheHouse. According to CoreLogic's data, 79 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.