3 Somerset Lane, Byron Bay, NSW 2481 | Property Value & History | OnTheHouse
OFF MARKET

3 Somerset Lane
Byron Bay NSW 2481

Bedrooms: 5
Bathrooms: 5
Car spaces: 2
Floor area: 256m2
Land area: 450m2
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Property Details for 3 Somerset Lane, Byron Bay

3 Somerset Lane, Byron Bay is a 5 bedroom, 5 bathroom Unit with 2 parking spaces and was built in 2018. The property has a land size of 450m2 and floor size of 256m2. While the property is not currently for sale or for rent, it was last sold in July 2025.

Building Type
Unit
Year Built
2018
Floor Size
256m2
Land Size
450m2
Local Government
Byron
Lot/Plan
2/SP94381

Last Listing description (July 2025)

Just a short stroll from Byrons beaches, shops, cafes, and markets, this stunning architecturally designed home offers the chance to embrace the iconic Byron lifestyle. Built with superior craftsmanship, the home combines functionality with a luxurious beach house vibe. The open-plan living, kitchen, and dining areas effortlessly extend to the outdoor spaces and private pool, making it an ideal spot for entertaining.

A standout feature of this home is its potential as a year-round holiday let, offering exceptional income opportunities. Its prime location and high-end appeal make it a sought-after property for holidaymakers, ensuring strong and consistent rental returns. The property is situated in a designated 365 holiday zone.

With high-end fixtures and fittings throughout and a light-filled, north-facing layout, this home is a true gem for both personal use and as a lucrative investment. Secure this unique property in an unbeatable location, where Byron Bays best attractions are just a short walk awayand benefit from an excellent income stream.

* Modern 5 bedroom, 5 bathroom home

* Zoning supports 365 days a year holiday letting

* Separate self-contained studio

* Hardwood timber floors

* Open plan kitchen living dining areas with 3m ceilings

* North facing aspect

* Covered entertaining area and outdoor kitchen

* Ensuites to every bedroom

* Short flat walk to beaches, shops and cafes

* Miele appliances in kitchen with integrated dishwasher and fridge

* Hand cut and crafted stonework in garden landscaping and kitchen feature wall

Property History for 3 Somerset Lane, Byron Bay, NSW 2481

A timeline of how this property has performed in the market
Last Sold
$3,800,000
07 Jul 2025
  • 07 Jul 2025
    Sold for $3,800,000
  • 18 Mar 2025
    Listed for Sale Expressions of Interest
  • 10 Oct 2024
    Listed for Sale $4.25M - $4.5M
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About Byron Bay 2481

The size of Byron Bay is approximately 19.8 square kilometres. There are 13 parks, covering nearly 25.3% of the total area. The population of Byron Bay in 2016 was 5521 people. By 2021 the population was 6330 showing a population growth of 14.6% in the area during that time. The predominant age group in Byron Bay is 30-39 years. Households in Byron Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Byron Bay work in a professional occupation.In 2021, 55.20% of the homes in Byron Bay were owner-occupied compared with 57.30% in 2016.

Byron Bay has 5,988 properties. Over the last 5 years, Houses in Byron Bay have seen a -4.11% decrease in median value, while Units have seen a 12.11% increase. As at 31 July 2026:

  • The median value for Houses in Byron Bay is $2,429,050 while the median value for Units is $1,336,173.
  • Houses have a median rent of $1,350 while Units have a median rent of $900.
There are currently 46 properties listed for sale, and 29 properties listed for rent in Byron bay on OnTheHouse. According to Cotality's data, 218 properties were sold in the past 12 months in Byron bay.

Suburb Insights for Byron Bay 2481

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.