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Somerset
TAS, 7322 - Waratah-Wynyard

Thinking about buying in Somerset? Now could not be a better time, with 2373 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $260,000 with prices in this suburb ranging from $14,000 to $3,456,000. Somerset is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent $263.71
Median Monthly Mortgage $1279.47
Median Persons Per Bedroom 0.77
Average Household Size 2.53
Average Age 46.94
Average Income $659.94
Average Cars Per Dwelling 2.00
Average Properties Within 50M 8

Housing Stock

Average Property Prices

1 Bed  $269,000
2 Bed  $236,000
3 Bed  $294,000
4 Bed  $377,000
5 Bed  $399,000
6 Bed+$248,000

Somerset Real Estate Market Outlook

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.

Houses for sale Somerset

Elders 358 SEABROOK RD, SOMERSET, TAS, 7322 Beds4 Bathrooms2 Parking 3 $860,000
Elders UNIT 2, 13 OONAH CR, SOMERSET, TAS, 7322 Beds2 Bathrooms1 Parking 1 $290,000
Elders 138 BACK CAM RD, SOMERSET, TAS, 7322 Beds Bathrooms Offers Over $225,000
Harcourts 12 GILMOUR CR, SOMERSET, TAS, 7322 Beds3 Bathrooms1 Parking 1 Best offer over $449,000
Harcourts 11A GEORGE ST, SOMERSET, TAS, 7322 Beds5 Bathrooms3 $585,000
Harcourts UNIT 3, 2 SIMPSON ST, SOMERSET, TAS, 7322 Beds2 Bathrooms1 Parking 1 Best Offers Over $320,000
Harcourts 395 MURCHISON HWY, SOMERSET, TAS, 7322 Beds4 Bathrooms2 Parking 2 Auction - Saturday 13th April 11:00am on site
Harcourts 65 PELISSIER ST, SOMERSET, TAS, 7322 Beds3 Bathrooms2 Parking 1 Best offer over $530,000
Harcourts 31A PELISSIER ST, SOMERSET, TAS, 7322 Beds3 Bathrooms1 Parking 1 $445,000
Harcourts 30 CARDIGAN ST, SOMERSET, TAS, 7322 Beds2 Bathrooms1 Parking 1 Best offer over $339,000
Harcourts 79 BASS HWY, SOMERSET, TAS, 7322 Beds3 Bathrooms1 Parking 1 Best Offer Over $399,000
Harcourts FLAT 1, 24 RAGLAN ST, SOMERSET, TAS, 7322 Beds8 Bathrooms4 Parking 4 $1,150,000
Harcourts 31 FLINDERS DR, SOMERSET, TAS, 7322 Beds3 Bathrooms1 Parking 1 Best offer over $449,000
LJ Hooker 399 MURCHISON HWY, SOMERSET, TAS, 7322 Beds5 Bathrooms1 $850,000
LJ Hooker 1 PELISSIER ST, SOMERSET, TAS, 7322 Beds2 Bathrooms1 Parking 1 Offers Over $560,000
LJ Hooker 234 MURCHISON HWY, SOMERSET, TAS, 7322 Beds2 Bathrooms1 Parking 1 $349,000
LJ Hooker 421 BACK CAM RD, SOMERSET, TAS, 7322 Beds3 Bathrooms2 Parking 10 Offers Over $880,000
OneAgency 48 LYONS ST, SOMERSET, TAS, 7322 Beds3 Bathrooms1 Parking 1 Best Offers Over $475,000
OneAgency 154 LITTLE VILLAGE LANE, SOMERSET, TAS, 7322 Beds4 Bathrooms2 Parking 4 Best Offers Over $895,000
OneAgency 68 LYONS ST, SOMERSET, TAS, 7322 Beds3 Bathrooms1 Parking 5 BY OFFER
OneAgency 13 GEORGE ST, SOMERSET, TAS, 7322 Beds2 Bathrooms1 Parking 6 Best Offers Over $399,000
OneAgency 17 DALLAS RD, SOMERSET, TAS, 7322 Beds4 Bathrooms2 Parking 7 $825,000
OneAgency HOUSE 1, 25A SIMPSON ST, SOMERSET, TAS, 7322 Beds4 Bathrooms1 Parking 1 $475,000
OneAgency 17 SIMPSON ST, SOMERSET, TAS, 7322 Beds0 Bathrooms0 Parking 0 $185,000

Local Schools

Somerset Primary School

Australian Christian College

(While the above schools are located with the suburb of Somerset there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Somerset weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.211.522.648.591.25.124.0
Feb1.612.422.652.892.24.820.6
Mar2.110.920.856.492.84.615.3
Apr2.48.117.960.395.44.410.8
May2.55.315.365.196.94.16.8
Jun3.44.113.968.597.63.86.0
Jul4.43.912.969.197.24.56.1
Aug3.73.713.464.696.44.58.9
Sept3.55.615.265.098.14.513.2
Oct2.56.616.955.794.64.918.8
Nov2.48.718.854.394.15.022.6
Dec2.110.220.652.693.65.324.2

source: Australian Government Bureau of Meteorology


Internet Speed

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