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Profiles
Nearby Suburbs
Real Estate Market: Is Somerset (Tas.) TAS 7322 a Good Suburb to Buy Into?
Housing Market in Somerset (Tas.)
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS West and North West Tas | Trend | |
|---|---|---|---|---|
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| $467 | Bottom 10% |
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| Premium | Premium | Premium |
Housing Supply in Somerset (Tas.)
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Somerset (Tas.)
37.0%
Somerset (Tas.)
37.0%
West and North West Tas
44.0%
West and North West Tas
44.0%
| Field | Value | VS West and North West Tas | Trend | |
|---|---|---|---|---|
| 0 | Bottom 38% | Data for Jun 2025 | ||
| 0.1 | Bottom 22% | Data for Jul 2023 | ||
| 13.6 | Top 25% | Data for May 2023 | ||
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| 17 | Top 9% |
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Housing Stock Quality in Somerset (Tas.)
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS West and North West Tas | Trend | |
|---|---|---|---|---|
| 90.4% | Bottom 21% |
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| 2.2 | Bottom 26% |
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| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Somerset (Tas.)
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, ABS and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, ABS and Microburbs, 2011 - 2023
Somerset (Tas.)
25.0%
Somerset (Tas.)
25.0%
West and North West Tas
28.4%
West and North West Tas
28.4%
| Field | Value | VS West and North West Tas | Trend | |
|---|---|---|---|---|
| 24.0 sq km | Top 33% | Data for Jan 2021 | ||
| 819 sqm per resident | Bottom 40% | Data for Jan 2021 |
Risk in Somerset (Tas.)
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, Property Listings and Microburbs, 2006 - 2023
Somerset (Tas.)
55.1%
Somerset (Tas.)
55.1%
West and North West Tas
49.0%
West and North West Tas
49.0%
| Field | Value | VS West and North West Tas | Trend | |
|---|---|---|---|---|
| 89.2% | Bottom 39% |
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| 10.8% | Top 39% |
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| 25 | Bottom 23% | Data for Jun 2023 | ||
| $1,500 | Bottom 28% |
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| 84 | Top 15% | Data for Jun 2023 | ||
| 79 | Top 27% | Data for Jun 2023 | ||
| 24.9% | Top 35% |
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| 34.6% | Bottom 38% |
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Housing Demand in Somerset (Tas.)
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030
Somerset (Tas.)
44.4%
Somerset (Tas.)
44.4%
West and North West Tas
42.5%
West and North West Tas
42.5%
| Field | Value | VS West and North West Tas | Trend | |
|---|---|---|---|---|
| 51400 | Bottom 36% |
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| 14800 | Top 47% |
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Unit Market in Somerset (Tas.)
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS West and North West Tas | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| $344 | Bottom 5% |
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| 75.4% | Top 42% |
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Businesses (41)
| Name | Address |
|---|---|
| Groenewege Electrical | 26 Falmouth St, Somerset TAS 7322, Australia |
| Hotondo Homes - Burnie | 65 Bass Hwy, Somerset TAS 7322, Australia |
| Groenewege Max | |
| de STIRLING BUILDERS | |
| McGuire Chris | 1, Newhaven Dr |
Accommodation Options (2)
| Name | Address |
|---|---|
| Seabrook Hotel | 15275 Bass Hwy, Somerset TAS 7322, Australia |
| Best Western Burnie (Murchison Lodge) | 9 Murchison Hwy, Somerset TAS 7322, Australia |
Median House Rental Prices by Street (8)
| Street | Date | Median rent (per week) |
|---|---|---|
| Flinders Dr | 22 Mar 2025 | $400 |
| Arthur St | 22 Mar 2025 | $487 |
| Cardigan St | 22 Mar 2025 | $370 |
| Lewis St | 22 Mar 2025 | $367 |
| Pelissier St | 22 Mar 2025 | $430 |
Turnover Rate by Street (60)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 78.6% | George St | average turnover | Every 12.7 years (average turnover) | 2025 |
| 66.7% | Mckays Rd | quite tightly held | Every 15.0 years (quite tightly held) | 2025 |
| 93.4% | Pelissier St | high turnover | Every 10.7 years (high turnover) | 2025 |
| 100.0% | Alberts Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
| 125.0% | Little Village Ln | very high turnover | Every 8.0 years (very high turnover) | 2025 |
Percent of Renters by Street (60)
| Percent of Renters | Street |
|---|---|
| 0.0% | Alberts Rd |
| 26.0% | Athol St |
| 7.1% | Back Cam Rd |
| 60.9% | Bass Hwy |
| 5.2% | Arthur St |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Waratah-Wynyard |
Median Unit Sale Prices by Street (100)
| Date | Median sale value | Street |
|---|---|---|
| 10 May 2024 | $470,000 | Simpson St |
| 10 May 2024 | $300,000 | Oonah Cr |
| 10 May 2024 | $330,000 | Beaufort St |
| 10 May 2024 | $350,000 | Cardigan St |
| 25 Apr 2024 | $492,500 | Beaufort Ct |
Recently Sold Houses (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 43 Falmouth St | Price Withheld | 3.0 | 1.0 | 4.0 | 19 Mar 2025 | 0 | On Market |
| 5 Athol St | Price Withheld | 3.0 | 1.0 | 7.0 | 18 Mar 2025 | 0 | On Market |
| 3 George St | Price Withheld | 3.0 | 1.0 | 2.0 | 14 Mar 2025 | 0 | On Market |
| 61 Lyons St | Price Withheld | 4.0 | 2.0 | 2.0 | 12 Mar 2025 | 0 | On Market |
| 7 Brady Pl | $570,000 | 4.0 | 2.0 | 2.0 | 22 Feb 2025 | 0 | On Market |
Median House Sale Prices by Street (100)
| Street | Date | Median sale value |
|---|---|---|
| Seabrook Rd | 10 May 2024 | $704,500 |
| Somerset Esp | 10 May 2024 | $860,000 |
| Simpson St | 10 May 2024 | $462,000 |
| Cardigan St | 10 May 2024 | $392,000 |
| Murchison Hwy | 10 May 2024 | $899,500 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 25 Flinders Dr | $420 | 3 | 1 | 2 | 19 Mar 2025 | 0 |
| 25 Flinders Dr | $420 | 3 | 1 | 2 | 19 Mar 2025 | 0 |
| 25 Flinders Dr | $420 | 3 | 1 | 2 | 19 Mar 2025 | 0 |
| 6 Lewis St | $360 | 2 | 1 | 0 | 11 Mar 2025 | 0 |
| Unit 3, 24 Pelissier St | $480 | 3 | 2 | 1 | 11 Mar 2025 | 0 |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| Unit 4, 24 Pelissier St | $465 | 3.0 | 2.0 | 1.0 | 24 Dec 2024 |
| Unit 4, 24 Pelissier St | $465 | 3.0 | 2.0 | 1.0 | 24 Dec 2024 |
| Unit 4, 24 Pelissier St | $465 | 3.0 | 2.0 | 1.0 | 24 Dec 2024 |
| Unit 4, 24 Pelissier St | $465 | 3.0 | 2.0 | 1.0 | 24 Dec 2024 |
| Unit 4, 24 Pelissier St | $465 | 3.0 | 2.0 | 1.0 | 24 Dec 2024 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| Unit 2, 19 Plummer Ct | Price Withheld | 2.0 | 1.0 | 1.0 | 21 Feb 2025 | On Market |
| Unit 2, 19 Plummer Ct | Price Withheld | 2.0 | 1.0 | 1.0 | 21 Feb 2025 | On Market |
| Unit 2, 19 Plummer Ct | Price Withheld | 2.0 | 1.0 | 1.0 | 21 Feb 2025 | On Market |
| Unit 2, 19 Plummer Ct | Price Withheld | 2.0 | 1.0 | 1.0 | 21 Feb 2025 | On Market |
| Unit 2, 19 Plummer Ct | Price Withheld | 2.0 | 1.0 | 1.0 | 21 Feb 2025 | On Market |
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