Unit 3,/2 Reece Court Somerset TAS 7322
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Prime Industrial Opportunity
Property Details for Unit 3,/2 Reece Ct, Somerset, TAS 7322
About Somerset 7322
The size of Somerset is approximately 27.0 square kilometres. There are 8 parks, covering nearly 1.3% of the total area. The population of Somerset in 2016 was 3903 people. By 2021 the population was 4067 showing a population growth of 4.2% in the area during that time. The predominant age group in Somerset is 60-69 years. Households in Somerset are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Somerset work in a professional occupation.In 2021, 69.70% of the homes in Somerset were owner-occupied compared with 69.30% in 2016.
Somerset has 2,052 properties. Over the last 5 years, Houses in Somerset have seen a 69.89% increase in median value, while Units have seen a 66.65% increase. As at 31 May 2026:
- The median value for Houses in Somerset is $536,899 while the median value for Units is $470,746.
- Houses have a median rent of $450 while Units have a median rent of $340.
Suburb Insights for Somerset 7322
Market Insights
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