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 › Ronald Cres
$500,000
Last sold
12 Oct 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
830 m²
Land
109 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
$500,000
12 Oct 2024 · 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
-6.5%
Median sale
Suburb $535,000
+0.27 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 data is being calculated
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
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 BurnieSensational and sunny Somerset is calling and boy, oh boy - have we got a fantastic offering for you today. Prepare to have your boxes ticked, this home is punching well above it’s weight in terms of what it brings to the table, all at a price that will knock your socks off!
Starting with not one, but two deck areas! The large north facing deck gets all day sun and boasts ocean views straight out of your dining room and kitchen, the perfect place for a cuppa any time of day while the rear deck stays cool and shady in the summer. Then we have the ripper of a shed. Double garage, man cave, workshop, storage out the wazoo, it’s got it all! All accessible through the gates into the secure rear yard.
Speaking of yards, we have two fully fenced and secure yards both front and back, featuring fruit trees, low maintenance garden beds and plenty of space for the kids and pets to play day in, day out. All of this is before we even step indoors!
Over the threshold we have a beautiful three bedroom home with hardwood floorboards, separate lounge with wood heater, brand new laundry, renovated bathroom complete with corner spa and more! Honestly I could go on and on, but these listing ads have a word limit! To review, these are just SOME of the highlights:
- Three bedrooms, two with built in robes;
- Renovated bathroom with shower, corner spa and brilliant tile work;
- Galley style kitchen with classic timber cabinetry;
- Both heat pump and wood fire for your choice of heating;
- Brand new laundry renovation;
- Double glazed windows on the southern facing;
- Two outdoor decks to cater for all your entertaining needs;
- Low maintenance yard and gardens featuring apples, apricots, cherries and lemons;
- Secure and private rear yard;
- Huge garage and workshop with mechanics pit and wood heater;
- NBN Fibre to the premises for blistering internet speeds;
- Ocean views from the kitchen and dining area as well as the main north facing deck;
- Quiet neighbourhood close to everything you could want or need;
- Great school zoning;
- Easy access to the Somerset Beach, Coastal Pathway, Cam River play ground, village main street shops and more;
- Only a short drive to either Burnie or Wynyard;
- The list goes on, seriously, it goes on and on and on!
It really is the whole package and a phenomenal buy in one of the north-west coast’s best up and coming areas. Contact One Agency Burnie to book a private inspection today, because you can bet your bottom dollar that it won’t last long!
Size: 109m2 (approx.)
Land Size: 830m2 (approx.)
Beds: 3
Baths: 1
Garage Spaces: 2
Year Built: 1967
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 Tom Smith, One Agency Burnie — reproduced as published, not verified by Districts.