Somerset, TAS 7322

Somerset, TAS 7322

Compare Part of Waratah/Wynyard

238.84 km
Distance from CBD
4 k
Population
Median Sale Price
House
-
Updated on Sep 2022
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Sep 2022
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$225,000
0.0% $140,000 $455,000 37
2010
$257,500
+12.6% $55,000 $410,000 21
2011
$226,500
-13.7% $160,000 $950,000 32
2012
$235,000
+3.6% $150,000 $510,000 44
2013
$227,500
-3.3% $82,500 $650,000 79
2014
$227,500
0.0% $68,000 $470,000 105
2015
$225,000
-1.1% $87,500 $392,500 52
2016
$240,000
+6.3% $120,000 $480,000 58
2017
$245,000
+2.0% $110,000 $550,000 74
2018
$238,000
-2.9% $115,000 $620,000 57
2019
$299,000
+20.4% $165,000 $618,400 46
2020
$295,000
-1.4% $147,000 $620,000 63
2021
$327,000
+9.8% $170,500 $635,000 55
2022
$440,000
+25.7% $215,000 $1,050,000 41
Median Sale Price
$440K
Based on 43 recorded sales within the last 12 months
Updated on 27 Nov 2022
Suburb Growth
+25.7%
Current Median Price: $440,000
Previous Median Price: $327,000
Based on 105 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2022)
Price Range Segments (12 months ending Oct 2022)
Median Weekly Rent Price
House
$380
Updated on Sep 2022
2 BR
$330
3 BR
$380
4 BR
$428
Unit
$353
Updated on Sep 2022
1 BR
$220
2 BR
$330
3 BR
$390
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
-
- - - -
2012
-
- - - -
2013
-
- - - -
2014
$280
0.0% $160 $380 34
2015
$280
0.0% $200 $380 35
2016
$270
-3.7% $195 $370 44
2017
$290
+6.9% $190 $500 53
2018
$290
0.0% $200 $450 31
2019
$280
-3.6% $215 $460 38
2020
$350
+20.0% $240 $480 20
2021
$340
-2.9% $250 $450 24
2022
$380
+10.5% $340 $480 19
Median Rent Price
$380
per week
Based on 22 recorded rent within the last 12 months
Updated on 27 Nov 2022
Rent Price Growth
+13.2%
Current Median Rent: $380
Previous Median Rent: $330
Based on 43 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.5%
Current Median Price: $440,000
Current Median rent: $380
Based on 65 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2022)

Schools closest to Somerset, TAS 7322

School name Address Type Sector Distance
Somerset Primary School WRAGG STREETSomerset 7322 Primary Government 1.16 km