OFF MARKET

42 Somerset Crescent
Mansfield VIC 3722

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 159m2
Land area: 900m2
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Property Details for 42 Somerset Cres, Mansfield

42 Somerset Cres, Mansfield is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1995. The property has a land size of 900m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1995
Floor Size
159m2
Land Size
900m2
Local Government
Mansfield
Lot/Plan
30/LP212387

Last Listing description (April 2023)

You really can't tell how substantial this home is from the street but you know how great the location is, just down the road from Mansfield's beautiful Botanic Park and booming High Street precinct. There's some pretty nice neighbours here too!

Inside you will find a nice big living and formal dining area with a wood heater and reverse cycle split system. There's a separate meals area or family room that opens onto the big deck overlooking the huge backyard and practical kitchen with a big walk in pantry . Are you starting to get the theme here...everything is pretty big! The master bedroom located at the front of the home is generously sized too and has a recently renovated ensuite and walk in robe. The main bathroom and laundry have also been renovated!

The home also features plenty of parking space, and you can drive through the carport to the back yard, where there is loads of room to build a shed...or drop in a pool!!

As you may have heard, rental properties are still in high demand and we believe it could be leased immediately for well over $500 per week. This property will make a great no-fuss investment or a lovely home in this great neighbourhood. And as the saying goes....Location! Location! Location!

Property History for 42 Somerset Cres, Mansfield, VIC 3722

A timeline of how this property has performed in the market
Last Sold
$675,000
25 Jan 2023
Listed for Rent
$400/w
06 May 2020
  • 25 Jan 2023
    Sold for $675,000
  • 10 Nov 2022
    Listed for Sale $685,000
  • 19 Apr 2020
    Listed for Rent - Price not available
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About Mansfield 3722

The size of Mansfield is approximately 269.8 square kilometres. It has 7 parks covering nearly 0.4% of total area. The population of Mansfield in 2011 was 4,359 people. By 2016 the population was 4,799 showing a population growth of 10.1% in the area during that time. The predominant age group in Mansfield is 60-69 years. Households in Mansfield are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mansfield work in a trades occupation. In 2011, 69.6% of the homes in Mansfield were owner-occupied compared with 69.6% in 2016.

Mansfield has 4,137 properties. Over the last 5 years, Houses in Mansfield have seen a 76.68% increase in median value, while Units have seen a 58.04% increase. As at 31 October 2024:

  • The median value for Houses in Mansfield is $812,332 while the median value for Units is $520,040.
  • Houses have a median rent of $550 while Units have a median rent of $455.
There are currently 65 properties listed for sale, and 4 properties listed for rent in Mansfield on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Mansfield.

Suburb Insights for Mansfield 3722

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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.