3/5 Falmouth Street, Somerset, TAS 7322 | Property Value & History | OnTheHouse
OFF MARKET

3/5 Falmouth Street
Somerset TAS 7322

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 82m2
Land area: 198m2
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Property Details for 3/5 Falmouth St, Somerset

3/5 Falmouth St, Somerset is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1978. The property has a land size of 198m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Unit
Year Built
1978
Floor Size
82m2
Land Size
198m2
Local Government
Waratah-Wynyard
Lot/Plan
3/58991

Last Listing description (January 2020)

Is this somerset's best kept secret? This tastefully updated, co-joined unit is positioned within a stone's throw of Somerset's ever popular swim beach and within walking distance to all that the village has to offer - perfect for the down-scaler or investor. featuring; - 2 bedrooms (main with built in) - Solid brick construction - Updated and very modern kitchen - Open plan living - Private, located off the street - Sunny & warm all day I don't expect this one to last long, so don't delay in calling for your private inspection!

Property History for 3/5 Falmouth St, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$205,000
07 Dec 2019
Listed for Rent
$220/w
10 Feb 2017
  • 07 Dec 2019
    Sold for $205,000
  • 22 Nov 2019
    Listed for Sale $205,000
  • 18 Jan 2017
    Listed for Rent $220 / 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 1 property 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.