2/2 Simpson Street, Somerset, TAS 7322 sold on 09 May 2025 | OnTheHouse
SOLD
Sold on 09 May 2025 for $279,000

2/2 Simpson Street
Somerset TAS 7322

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 214m2
Sold By
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Jenna & Andrew Miles
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Property Details for 2/2 Simpson St, Somerset

2/2 Simpson St, Somerset is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 214m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 2 bedroom Unit sold in Somerset in the last 12 months.

Building Type
Unit
Year Built
1976
Floor Size
70m2
Land Size
214m2
Local Government
Waratah-Wynyard
Lot/Plan
2/59107

Last Listing description (July 2025)

Location is everything, convenience these days a necessity.

Enjoy beautiful walks at the nearby park like reserve on the banks of the picturesque Cam River and river mouth meeting the Somerset beach, an aesthetically stunning area to utilise all year round, almost on your doorstep.

A convenient walk into the shops in central Somerset, a surprising village vibe with necessities at the ready.

The level space around the unit provides perfect easy access, brilliant storage for your vehicle, tools and the extras will be most welcomed by the new owner.

Solar warmth enters the unit from sunshine beaming through your north facing windows. This will add to the interior comfort and the low operating costs of the reverse cycle air conditioner.

Functional galley style kitchen with under bench oven adjacent the living space.

A free-standing shower compliments the bathroom whilst both bedrooms provide storage with built in robes.

A current lease is in place at $310 per week until 3rd March 2026.

Entry level unit buying in the popular seaside village of Somerset, we don't deny it could benefit from a little love and foresight to bring it back to life; however, this is an affordable opportunity to enter or invest in a rapidly rising market.

Additional Property Information:
Year Built: 1976
Council Rates: TBC
Water Rates: $1,148.80pa + usage charges
Lease: 3/03/2026 @ $310pw
Land size: 214m2 approx
Floor size: 70m2 approx
Council: Waratah-Wynyard

DISCLAIMER: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our Vendors or other third parties, and as such, Jenrew Real Estate makes no statement, representation, or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own inquiries in relation to each property they are considering purchasing to determine whether this information is in fact accurate. All photographs, maps and images are representative only, for marketing purposes.

Property History for 2/2 Simpson St, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$279,000
09 May 2025
Listed for Rent
$300/w
26 Jun 2023
  • 09 May 2025
    Sold for $279,000
  • 05 May 2025
    Listed for Sale $279,000
  • 01 Jun 2023
    Listed for Rent $300 / week
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About Somerset 7322

The size of Somerset is approximately 27.0 square kilometres. It has 8 parks covering nearly 1.3% of 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 2,048 properties. Over the last 5 years, Houses in Somerset have seen a 80.65% increase in median value, while Units have seen a 49.38% increase. As at 30 November 2025:

  • The median value for Houses in Somerset is $517,206 while the median value for Units is $379,531.
  • Houses have a median rent of $415 while Units have a median rent of $290.
There are currently 7 properties listed for sale, and no properties listed for rent in Somerset on OnTheHouse. According to Cotality's data, 80 properties were sold in the past 12 months in Somerset.

Suburb Insights for Somerset 7322

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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.