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 › Murchison Hwy
$650,000
Last sold
11 Oct 2024
5
Bedrooms
1
Bathrooms
1
Car spaces
8,474.12 m²
Land
182 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
$650,000
11 Oct 2024 · derived via latest_sale
Local land rate: recorded Rural Property sales in Somerset (last 5 years) with land size have a median of $34/m² of land (n=3). 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
+21.5%
Median sale
Suburb $535,000
-0.71 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 Elders Real Estate BurnieNestled amidst the picturesque landscape of North West Tasmania, this property offers a peaceful escape from the hustle and bustle of city life. You will fall in love with the timeless charm of this elegant historic home and the serenity of the sustainable, off-grid lifestyle it offers.
Tucked away behind a flourishing Hazelnut orchard, this 2.094-acre (approx.) estate provides a sense of space and seclusion with panoramic views of rolling fields, lush forests and sparkling ocean glimpses. Wake up to the sound of birdsong and breathe in the crisp, fresh air as you soak in the tranquility of your surroundings and connect with the simple things in life.
Imagine mornings spent sipping coffee on the north-facing deck, days pottering in your organic garden, evenings by the open fire, and weekends enjoying BBQs with friends on the patio.
Offering generous proportions for living, relaxation and entertainment, the spacious interiors include 5 bedrooms, ample storage and separate spaces to unwind.
Inside, the bright light-filled rooms of this beautifully preserved 1920's home boast all the character and hallmarks of historic architecture with high ceilings, large windows, cathedral glass, and hardwood floors, along with practical farmhouse amenities such as a mud room and extra-large laundry.
The large country kitchen features stunning north-facing views from the dining area with double-glazed sliding doors to access al-fresco dining on the large sundrenched deck. A beautiful Reyburn slow-combustion wood stove offers a convenient and efficient way to cook, heat, and provide hot water to the home during the cooler months, while the electric oven and gas cooktop ensure versatility throughout the year. A heat pump also gives the convenience of heating at the touch of a button. The walk-in pantry provides plenty of storage room in addition to ample timber cabinetry.
The adjoining separate lounge has an open fireplace and access to a sunroom that wraps around the front of the house. The sunroom, adorned with purple cathedral glass, offers serene valley and distant ocean views and acts as a solar trap in winter and a ventilation for the house in summer.
The spacious bathroom boasts a luxurious claw-foot bath, timber vanity, separate shower, and bidet toilet seat.
Outside, you'll find a BBQ patio area perfect for entertaining, a carport, single garage, wood shed, storage containers and accommodation for chickens. Your chickens can range free among the established fruit trees and the irrigated Hazelnut orchard with fences protecting the house garden and organic vegetable patch.
The property is connected to mains power but has been updated and equipped to support self-sufficient living with solar panels, wind generator, and battery storage. A reliable water supply is provided by multiple rainwater tanks and groundwater bore. The property is also in close proximity to public water infrastructure should the new owner wish to pursue that option.
Whether you envision hobby farming, gardening, or outdoor entertaining, there's endless potential to further customize this property to suit your needs.
Conveniently located to support all your lifestyle goals, this unique property offers the perfect balance of seclusion and accessibility. Don't miss the opportunity to own this rare blend of historic charm, and modern self-sufficiency.
Contact Amy Davidson today to schedule your private tour and begin your journey toward all your lifestyle goals.
DISCLAIMER: While Elders Real Estate Burnie has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters
Listing description written by Amy Davidson, Elders Real Estate Burnie — reproduced as published, not verified by Districts.