306 Murchison Highway, Somerset, TAS 7322 | Property Value & History | OnTheHouse
OFF MARKET

306 Murchison Highway
Somerset TAS 7322

Bedrooms: 4
Bathrooms: 2
Car spaces: 8
Floor area: 232m2
Land area: 216800m2
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Property Details for 306 Murchison Hwy, Somerset

Building Type
Rural
Year Built
1981
Floor Size
232m2
Land Size
216800m2
Local Government
Waratah-Wynyard
Lot/Plan
1/242000

Last Listing description (July 2023)

Culminating many decades of inspired planning and exacting workmanship, we have the absolute pleasure of offering this amazing property for sale.

This extraordinary rural residential property consisting of approx. 21.68 hectares (53.5 acres) is situated just a couple of minutes drive from Somerset featuring approx. 25 acres of fertile cropping/ grazing land with a sparkling permanent spring-fed dam (24 meg water licence) with the balance natural bush including a 2-3 acre plantation of 20 year old blue gums.


Established silver birch trees lining the driveway, give a hint of the outstanding privacy and tranquility that this elegant residence provides with very well-maintained lawns and gardens that provide an enviable year-round abundance of flowers and unforgettable colours. The property sits on a near-level area, displaying lovely rural and distant sea views from the paved north-facing terrace.

Stepping inside this master-built home, you will love the inviting reception hall fitted with high-quality timbers, the delightful sun-filled living areas, and a kitchen that will inspire any chef featuring European appliances and a large butlers pantry/storage room. The home has 4 beautiful light-filled bedrooms, all with built-in wardrobes. The master bedroom features an ensuite and walk-in robe.

In addition, there is the perfect study with views looking out towards the property and beyond. A gleaming main bathroom, additional 3rd toilet/powder room, and high-quality furnishings and fittings throughout. The home is kept heated in the winter by the Newburn wood-fired ducted underfloor heating that is located in the service room via the Internal access from the double garage.

The property is connected to town water, has NBN "fibre to the premises" cable, and is very well-fenced. It has numerous outbuildings including an excellent 4 metre high 18x9m open-fronted machinery shed with 32 solar panels on the roof, solid stockyards, holding crush, and a loading ramp. The large garden/ storage shed has power connected and is adjacent to the large greenhouse, orchard, and wide variety of productive fruit trees. An octagonal summer house and nearby BBQ area complete the garden - the ideal place to entertain friends and family.

This is indeed an extraordinary property that you now have the opportunity to purchase.

Disclaimer: While Elders Real Estate Burnie has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 306 Murchison Hwy, Somerset, TAS 7322

A timeline of how this property has performed in the market
  • 16 Mar 2023
    Listed for Sale Offers Over $1,250,000
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About Somerset 7322

The size of Somerset is approximately 27.0 square kilometres. There are 8 parks, covering nearly 1.3% of the 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 2,052 properties. Over the last 5 years, Houses in Somerset have seen a 76.25% increase in median value, while Units have seen a 64.72% increase. As at 30 April 2026:

  • The median value for Houses in Somerset is $534,873 while the median value for Units is $458,933.
  • Houses have a median rent of $440 while Units have a median rent of $340.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Somerset on OnTheHouse. According to Cotality's data, 59 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.