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.
$605,000
Last sold
17 Apr 2024
3
Bedrooms
1
Bathrooms
5
Car spaces
834 m²
Land
116 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
$605,000
17 Apr 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
+13.1%
Median sale
Suburb $535,000
-0.46 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 BurnieThere is so much on offer here in this amazing home that has been fully renovated while retaining all its glorious features, wide hallway, glorious bedrooms all with top quality-built ins and extensive lightings, well situated on the block to capture all the sun taking in views from every double-glazed window over the brand-new auto reticulated landscaped gardens including massive selection of mature trees.
Walking distance to the stunning Somerset beach and shopping strip - ready to sample the cafés and restaurants, hospital, airport, and great kid’s playgrounds with some of the best private and public schools a short drive away.
-light and bright welcoming entry opening to discover the stunning wide hallway
-massive lounge with top quality built in entertaining centre including the perfect easy-care fireplace and enjoying the warmth of the sun almost all day long making it the perfect place to relax in
-polished floorboards flow throughout the stunning state of the art kitchen with the latest high-tech appliances that will delight any keen chef while entertaining family and friends in the spacious adjacent dining area
-generous master bedroom enjoys awesome view over the newly landscaped gardens with heaps of built-in robes to delight the lady of the house
-minor bedrooms are spacious oozing charm, character all with brand-new built-in robes
-Main bathroom all freshly revamped enjoying a separate massive shower and modern fittings including a bench seating
- brand new fitted laundry includes a second toilet perfect to access when entertaining in your backyard
-reverse cycle air conditioner providing all year-round comfort
-all bedrooms are fitted with their own heaters and new carpets
-outdoors entertaining area perfect for summer barbeques or just a quit spot the relax in
-newly built remote garage/ carport and a powered workshop will double as the perfect man cave area for all the family to use
A brief list of what’s on offer:
New roofing - was replaced 5 years ago
All double-glazed windows
Fully rewired with new switchboard LED downlights on eaves
Smart auto irrigation system
Fully landscaped gardens
New fencing
New remote door garage/workshop with insulated roof and power
Internal inspection is a must to appreciate what is on offer and be captivated with one of the best renovations where everything has been replaced or rebuilt including being fully rewired, all new double-glazed windows, all brand-new built ins and so much more to list.
So, if you are looking for as new home with lots of charm and character where all you have to do is just move in and start enjoying it, be sure to contact me today for a private inspection.
Building Size: 116m2 (approx.)
Beds: 3
Baths: 1
Garage Spaces: 2
Carport: 1
Open Spaces: 2
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 Nadia Butcher, One Agency Burnie — reproduced as published, not verified by Districts.