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.
$575,000
Last sold
3 June 2026
3
Bedrooms
2
Bathrooms
3
Car spaces
429 m²
Land
104 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
$575,000
3 June 2026 · 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
+7.5%
Median sale
Suburb $535,000
-0.28 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 BurnieJust one block back from the long, sandy beaches of Somerset, this home is a standout in this price bracket. Stroll to the beach each morning or afternoon to walk the dog, to swim or to fish, or just to enjoy the sunsets, sunrises and the wonderful lifestyle on offer here in the popular seaside village of Somerset! Beautifully renovated and ready for you to enjoy, the gorgeous interior design of this unique home has just the right mix of flair and restraint, historical charm and modern upgrades.
- Dark, moody tones including dark-stained timber & rich indigo contrast delightfully with crisp whites, lighter timber floors & airy, high ceilings
- There is a sense of grandeur, light, & increased volume from the high ceilings & dramatic long velvet drapes that these stunning high ceilings allow, along with feature light fittings
- The heart of the home is the open plan kitchen/dining/lounge area, that flows outdoors onto the covered alfresco deck & courtyard via two glass timber doors
- Afternoons are especially stunning here, on the west orientated back deck: dappled sunlight, leafy green vines & an extremely private outlook (you can't see a single neighbour!)
- The leafy green courtyard has established trees, with canopy & open understory & is super low maintenance with formal concreted and garden zones
- This tranquil back yard is fully fenced & a secure area, ready for kids or pets to enjoy
- 3 bedrooms, master with walk-in robe & ensuite
- This home has been a popular Airbnb & is available fully furnished (WIWO) if desired
- Reverse-cycle heat pump plus heat transfer system for year round comfort throughout the whole home
- New wall oven & new hot plates recently installed
- Lovingly constructed in 1930 for the local station master at Somerset
- The local railway track is no longer in operation, with majority of the track now being converted to the popular Coastal Pathway!
- Somerset is a lovely village offering many services, plus its just a 7minute drive to Burnie’s CBD
- Somerset’s long, sandy beach is a one block (290m) level stroll away, patrolled by Somerset Surf Club
- Somerset’s Cam River is a short stroll away: popular for families, swimming, fishing, boating etc
So if you are looking for a turn-key home that has both privacy and flair, that doesn’t need work, has a nearby sandy beach, and are seeking low maintenance - then this gorgeous home is for you.
Size: 104m2 (approx.)
Land Size: 429m2 (approx.)
Beds: 3
Baths: 2
Open Spaces For Vehicles: 3
Year Built: 1930
Council Rates: $1,500p/a (approx.)
Water Rates: $320p/qu (approx.)
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.