3/12A Somerset Esplanade Somerset TAS 7322
Property Details for 3/12a Somerset Esplanade, Somerset
3/12a Somerset Esplanade, Somerset is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 283m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in November 2017.
Last Listing description (December 2017)
If the banks and the share market cause you sleepless nights, there really is a better alternative! Property with guaranteed income (currently returning $240 per week) from the day of settlement plus the security of a lease at until March 2018 with possible future capital gains is the way to go.
This is a nice neighbourhood, surrounded by established homes. Keen investors will know the great appeal Somerset has,
especially along the Esplanade, which is a proven and high demand location given the beach and boardwalk is across the road and the close proximity to all of Somerset s amenities.
Located amongst a quiet villa complex of just four your newfound prized asset offers relaxed single level living with a very functional and easy layout - sure to impress those looking for a quality low maintenance unit. The 2 bedrooms have built-ins, the large open plan kitchen and living area has electric heating. The bathroom is a nice size and has a separate bath and shower, as well as a separate toilet.
There is a single garage with internal access and an area for an additional car to park. Easy care grounds surround the unit.
If it's all about the position and you are in the market for a great little money maker, then this is top of the list. Talk to you soon!
Property History for 3/12a Somerset Esplanade, Somerset, TAS 7322
- 14 Nov 2017Sold for $224,000
- 19 Feb 2017Listed for Sale $236,000 (under offer)
- 19 Feb 2016Listed for Rent $240 / 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 76.11% increase in median value, while Units have seen a 49.09% increase. As at 31 October 2025:
- The median value for Houses in Somerset is $499,265 while the median value for Units is $373,651.
- Houses have a median rent of $400 while Units have a median rent of $253.
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