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234 Murchison Highway,
Somerset TAS 7322

This property is Off Market

All about Somerset Homes for sale in Somerset


  • The Average property price in this area is $260,257, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 2.14 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

OneAgency 19 OLD CAM RD, UNDER CONTRACT IN 11 DAYS! 4 Beds - 2 Baths - 5 Parking Within 0.9 km Harcourts UNIT 1, 86 CARDIGAN ST, Best Offer Over $419,000 2 Beds - 2 Baths - 1 Parking Within 1.0 km LJ Hooker UNIT 1, 9 CARDIGAN ST, Offers Over $350,000 3 Beds - 1 Baths - 2 Parking Within 1.1 km OneAgency 2 RONALD CR, UNDER CONTRACT IN 2 DAYS! 3 Beds - 1 Baths - 2 Parking Within 1.1 km OneAgency 47 CARDIGAN ST, Best Offers Over $499,000 3 Beds - 1 Baths - 8 Parking Within 1.1 km Elders UNIT 2, 13 OONAH CR, 2 Beds - 1 Baths - 1 Parking Within 1.3 km Harcourts UNIT 6, 34A ARTHUR ST, Price Range $570,000 - $580,000 3 Beds - 1 Baths - 1 Parking Within 1.4 km LJ Hooker 93 PELISSIER ST, Offers Over $400,000 3 Beds - 1 Baths - 1 Parking Within 1.4 km Harcourts 58 SIMPSON ST, $468,000 3 Beds - 1 Baths - 1 Parking Within 1.5 km Harcourts UNIT 2, 37 FALMOUTH ST, $395,000 2 Beds - 1 Baths - 1 Parking Within 1.5 km Elders 399 MURCHISON HWY, Offers Over $699,000 5 Beds - 1 Baths - 1 Parking Within 1.7 km Harcourts FLAT 1, 24 RAGLAN ST, $1,150,000 8 Beds - 4 Baths - 4 Parking Within 1.7 km Elders 28 FALMOUTH ST, 3 Beds - 1 Baths - 2 Parking Within 1.8 km OneAgency UNIT 1, 7 LYONS ST, Best Offers Over $699,000 7 Beds - 4 Baths - 1 Parking Within 1.8 km OneAgency 2 BELLS PDE, Best Offers Over $599,000 3 Beds - 2 Baths - 2 Parking Within 1.9 km Harcourts 16 SOMERSET ESP, $685,000 3 Beds - 1 Baths - 1 Parking Within 2.0 km LJ Hooker 340 BACK CAM RD, Please Call 2 Beds - 1 Baths - 4 Parking Within 2.2 km LJ Hooker 550 BACK CAM RD, $1,100,000 4 Beds - 3 Baths - 3 Parking Within 4.0 km OneAgency 17 DALLAS RD, Best Offers Over $799,000 4 Beds - 2 Baths - 7 Parking Within 4.0 km

Recently Sold Properties in this Area

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About Somerset

With an average age of 44, households expect an average monthly mortgage payment of $1,487 or a weekly rent payment of $245. The average family earns a weekly income of $1,800 with a typical household size of 2.6 and a 98.75% employment rate.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Somerset is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Somerset changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Somerset to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 6%)

Are people healthy?

There are a recorded 509 asthma sufferers and 317 people living with diabetes. In addition, 272 people have a heart/vascular condition and 528 people live with three or more chronic diseases.

A good place to invest in property?

Somerset a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Tasmania State average 45 / 100

Income

21 / 100

41 / 100

Industry

26 / 100

40 / 100

Population

21 / 100

40 / 100

House Prices

59 / 100

65 / 100

Jobs

23 / 100

38 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Somerset Primary School
  • Hellyer College

    Shorewell Park, TAS, 7320 State 11-12

  • Australian Christian College - Burnie

    Somerset, TAS, 7322 Independent Prep-10

  • Somerset Primary School

    Somerset, TAS, 7322 State K-6

  • Cooee Primary School

    Cooee, TAS, 7320 State K-6

  • Montello Primary School

    Montello, TAS, 7320 State K-6

  • Burnie Primary School

    Park Grove, TAS, 7320 State K-6


Property Story

234 Murchison Highway, Somerset, Tas, 7322 is a residential property . The estimated distance to the sea is 2.14km and 0.26KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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