Somerset at a glance
4,175
People
$535,000
Median sale
$408/wk
Median rent
3.97%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
TAS › Somerset › Pelissier St
$535,000
Last sold
19 Dec 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
741 m²
Land
919.74 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$535,000
19 Dec 2025 · derived via latest_sale
Local land rate: recorded House sales in Somerset (last 5 years) with land size have a median of $569/m² of land (n=70). Districts calculation from recorded sales — not a valuation.
Somerset at a glance
4,175
People
$535,000
Median sale
$408/wk
Median rent
3.97%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Somerset
0.0%
Median sale
Suburb $535,000
0.00 pp
Gross yield
Suburb 3.97%
Suburb median $535,000 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Waratah-Wynyard Local Provisions Schedule
Zone
General Residential
127.8
Jurisdiction
Waratah-Wynyard
Waratah-Wynyard, TAS
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASZoned General Residential · 127.8 (Waratah-Wynyard Local Provisions Schedule). Official parcel area about 742 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $408/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned General Residential · 127.8 (Waratah-Wynyard Local Provisions Schedule). Official parcel area about 742 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 742 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Somerset at a glance
4,175
People
$535,000
Median sale
$408/wk
Median rent
3.97%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by One Agency BurnieIf entertaining space is a priority, or simply room for the kids to play while you relax and read a good book or ten, then this gorgeous place is for you!! The current owners have been very busy upgrading the home since they moved in, and the new owner will be sure to benefit from all the upgrades!
- Open plan lounge room leads to eat-in kitchen and out to the rear glassed-in sunroom
- Sunroom is a beautiful sun trap, helping to heat the home and a perfect spot to watch the kids play in the backyard
- Massive covered decks feature: one at the front, wrapping the entire length of the home,
- Plus another covered and sheltered deck at the rear that is currently being extended to also wrap the entire length of the home!
- Perfect for year-round entertaining and outdoor living
- Far-reaching views across the Somerset village & out to the sparkling blue Bass Strait ocean
- 3 bedrooms, with room to add built-ins
- 1 bathroom, with shower over bath
- Separate toilet for family and guest's convenience
- Separate laundry at the rear door
- Linen closet in the hall
- Manicured gardens and lawns, plus chook yard and upraised veggie beds
- Single garage with roller door includes workshop/storage space
- Could add roller door at other end of garage to make drive through garage / rear yard access (could add large garage in the back yard, STCA)
- Upgrades include:
- new solar system to keep the power bills down (already in credit $600+) with 23 panels / 10.3kW
- new heat transfer system to bring the heat from the lounge into the whole house
- new plush grey/blue carpet in 2 of the 3 bedrooms
- new vertical blinds
- new Saxon wood heater (fan powered to keep you extra toasty)
- new Beko kitchen stove
- new fences
- new front deck
- new rear deck
- updated power board
- roof is just 2 years old
As you can see, the lucky new owners will benefit from the wonderful list of upgrades the current owners have done, call today to start making your next move and be sure to not miss out!
Size: 100m2 (approx.)
Land Size: 741m2 (approx.)
Beds: 3
Baths: 1
Garage Spaces: 1
Open Spaces For Vehicles: 2
Year Built: 1973
One Agency Burnie has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Daisy Richardson, One Agency Burnie — reproduced as published, not verified by Districts.