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TAS › Somerset › Murchison Hwy

U4, 17A Murchison Hwy, Somerset TAS 7322

For saleTownhouse

$949,000

For sale

Asking

3

Bedrooms

3

Bathrooms

3

Car spaces

325 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $949,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $949,000(Listing record · 19 May 2026)
  • FactLand 325 m²; no building size recorded.(Property record)
  • CalculationAsk is 77% above the Somerset median recorded sale ($535,000, n=18, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Somerset's advertised median rent ($408/wk), implied gross yield would be 2.24% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$949,000

Asking · $2,920/m² of land

No recorded sale for this property.

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.

See the full Somerset report →

Vs Somerset

+77.4%

Median sale

Suburb $535,000

-1.73 pp

Gross yield

Suburb 3.97%

Suburb median $535,000 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$949,000
Stamp Duty (Tasmania)
$37,890
Transfer/Registration Fee
$257
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$990,847

$41,847 on top of the price (4.4% extra)

  • Stamp Duty (Tasmania)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Somerset's advertised median rent — not a rent for this listing.

Net yield
0.74%
Annual cashflow (pre-tax)
$-42,367
Interest cover (DSCR)
0.14
Annual rent
$21,216
Operating expenses
$14,235
Loan amount
$759,200
Annual interest
$49,348
Gross yield
2.24%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$949,000available19 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

TAS

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Somerset in one glance

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.

See the full Somerset report →

Keep researching

  • Why Somerset? Read the area thesis →
  • What else is on the market in Somerset →
  • Other records on Murchison Hwy →

Listing material

Listed by Jenrew Real Estate

A quintessential lifestyle at your pace

A quintessential lifestyle awaits the new owners of this magnificent and meticulously finished and presented brand new unlived-in townhouse.

A townhouse that encourages you to live life at your pace, a residential-lift or use the impeccably well-crafted timber staircase to access the upper level, just sit, admire the gorgeous view and unwind.

For those that escape a sedentary existence, this location is the gateway to your own coastal fun park!

Read the full description

The sparkling blue Bass Strait waters meet the smooth Cam River waterway, the river enticing you from your elevated decking,

as the adrenaline starts to kick in, the boat ramp and pontoon directly adjacent the townhouse driveway, be it a stand-up paddle board or canoe, exploration up river awaits and makes every session the discovery of something new.

A slower paced adrenaline rush? Why not try your luck at casting a line, with a lure or the right bait, it may be the right choice to land yourself a sea-runner before it makes its way to the river mouth.

Stay active on the cycle pathways, West to Wynyard and East to Burnie, swimming at the patrolled beach, hand in hand romantic sunset walks and picnics spanning the beautiful-renowned foreshore.

Easy stroll into Somerset’s shopping precinct with an IGA, Bakery, and conveniences at the ready.

The residence, impeccable… the flawless finishes with an idyllic aspect that truly showcases the surrounds whilst maximising solar warmth, it welcomes your guests, it welcomes you home, it is home.

A true foyer feel at the ground level entrance, so easy to access, the resi-lift directly on the right alongside the stairs.

On your left the internal entrance door from a generous garage with remote roller door operation, further on the right the third bedroom or guest accomodation with its own well-tiled and finished ensuite.

Golden hardwood oak flooring takes this property to the next tier of build levels, the glow of the sunshine dances across the living space, an all-inclusive room where the chef revels in their creativity and the conversation and laughter flows.

The kitchen with stone benchtops, a functional design, and the walk-in pantry with its welcomed additional storage and bench space.

The stackable sliding door to mod-wood maintenance free decking, a feel of being incorporated into the living spaces and the glass balustrade accentuates the external elements.

Storage, you ask? Every corner in this townhouse has been utilised. A thoughtfully designed layout offers a large linen press on the upper level, along with a discreet push-door laundry chute that conveniently feeds directly to the generous laundry storage below.

A walk-in robe to the main bedroom, another precisely tiled ensuite with large walk-in shower, contemporary hexagonal pendant lighting create a bedside feature of their own.

Another upstairs bedroom with sliding robe storage.

The upstairs bathroom, a space to be proud, guilt free relaxation in the bath at days end.

Cassette style ceiling mounted reverse cycle air-conditioning, quality roller blinds with the refined aesthetics of matching pelmets, practical lawned area awaiting the introduction of raised vegetable beds adjacent the under-decking car park or trailer storage.

Landscaped common spaces and silky smooth bitumen driveway entrance, the quality starts at the curbside, flows throughout the townhouse and maximises the ease of living, the coastal life and pursuits are complimentary and ready to be explored.

Additional Property Information:

Year Built: 2025

Council Rates: TBC

Water Rates: $1,218.32pa + usage charges

Land size: 325m2 approx

Floor size: 220m2 approx

Council: Waratah-Wynyard Council

DISCLAIMER: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our Vendors or other third parties, and as such, Jenrew Real Estate makes no statement, representation, or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own inquiries in relation to each property they are considering purchasing to determine whether this information is in fact accurate. All photographs, maps and images are representative only, for marketing purposes.

Listing description written by Jenna & Andrew Miles, Jenrew Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Remote Garage
  • Secure Parking
  • Toilets: 3

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.