8/5-9 Somerset Street, Byron Bay, NSW 2481 | Property Value & History | OnTheHouse
OFF MARKET

8/5-9 Somerset Street
Byron Bay NSW 2481

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 3036m2
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Property Details for 8/5-9 Somerset St, Byron Bay

8/5-9 Somerset St, Byron Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 3036m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Unit
Year Built
1981
Floor Size
81m2
Land Size
3036m2
Local Government
Byron
Lot/Plan
8/SP17525

Last Listing description (June 2013)

Doesn't get any closer than this!! Two minute walk to the centre of Byron Bay's CBD and 5 minutes to Main Beach.

This neat as a pin two bedroom unit is located on the top floor, catching lovely cool sea breezes and warm winter sun.

* Currently tenanted at $440 per week, a great buy for the investor

* Living and main bedroom open onto private balcony
* Separate lock-up garage, landscaped gardens
* Opposite Butler Street Reserve

This is a very comfortable unit in excellent condition. Rendered inside and out and with recently installed new balustrades, gives the 18 unit complex a very modern feel.

This is a great opportunity to buy into the Byron real estate market.

Property History for 8/5-9 Somerset St, Byron Bay, NSW 2481

A timeline of how this property has performed in the market
Last Sold
$480,000
17 Dec 2019
Listed for Rent
$500/w
03 Jul 2007
  • 17 Dec 2019
    Sold for $480,000
  • 14 Oct 2019
    Sold
  • 14 Jun 2013
    Sold for $430,000
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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 5,984 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 30 properties listed for rent in Byron bay on OnTheHouse. According to Cotality's data, 208 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.