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 › Back Cam Rd
$925,000
Last sold
29 Oct 2023
3
Bedrooms
3
Bathrooms
2
Car spaces
10,950 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$925,000
29 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Somerset (last 5 years) with land size have a median of $579/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
+72.9%
Median sale
Suburb $535,000
-1.68 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
UnknownArea
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 Flex RealtyThis brand new, private and stylish home offers a rare opportunity for the discerning buyer seeking to find the very best in contemporary living.
Located on Back Cam Road only 4 minutes to Somerset and 12 minutes to the City of Burnie, this home feels like a hidden gem set amongst established gardens and bush.
The 2023 built home boasts 3 bedrooms all with built in robes, the master featuring a stunning ensuite. The kitchen, dining, study, lounge are all open plan and spill out on to the outdoor entertainment area that overlooks Gum, Blackwood and Peppermint trees that line the edges of the Maldon creek.
The home has a double garage that could easily be converted into a granny flat or teenagers retreat making this home 5 bedrooms (STCA). The mancave/garage boasts a bathroom and kitchenette making it another great spot in this home to entertain.
The property has a massive 14m x 9m workshop with adjoining carport offering plenty of room to store all your toys, caravan and more!
The Mitsubishi multi zone reversed cycle air conditioner will keep you warm and cosy all year round. Tank water is in abundance with storage capacity of approximately 75,000 litres plus there is a line to the Maldon Creek.
Come have a look at this truly unique home and enjoy the established gardens and park like setting along the Maldon Creek where an over night camping getaway could be as close as the other end of your property.
- Sitting on 1.095 hectares [approx] of Established gardens with fruit trees and veggie garden
- On School bus route
- Stunning timber features throughout
- Separate mancave with kitchenette and bathroom
- Under covered entertaining area
- Large 14 x 9 m Workshop plus double garage
This unique property is a living, lifestyle experience which must be inspected to be fully appreciated.
For more details call Justin Grave on 0417 579 351 today.
Listing description written by Justin Grave, Flex Realty — reproduced as published, not verified by Districts.
Nearby 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.