40 Simpson StreetSomerset TAS 7322
Property Details for 40 Simpson St, Somerset
40 Simpson St, Somerset is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1953. The property has a land size of 910m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom House sold in Somerset in the last 12 months.
Last Listing description (September 2025)
Ideally positioned just one block from the heart of Somerset, this solid brick three-bedroom, one bathroom home offers an unbeatable location paired with a generous block size-sure to tick all the boxes for savvy buyers.
The north facing main living area and master bedroom enjoy glimpses of the ocean, adding to the home's appeal. Inside, you'll find a functional open plan kitchen and dining area, with a reverse cycle system providing year round comfort.
Outdoors, the fully secured backyard is perfect for families or pets, and the large shed is a dream for shed lovers or those needing extra storage, not to mention there is an additional single garage for secure parking suitable for vehicle . Dual driveways add convenience, and the overall layout offers excellent versatility and practicality.
While the home would benefit from some TLC, it offers outstanding potential to add value, especially in such a sought after, family friendly neighbourhood. You're also just moments from local schools, the Somerset township with all essential amenities, the scenic coastal pathway, and the beautiful Somerset Esplanade.
Currently tenanted until 2026, this is an ideal opportunity for investors looking to secure a property with reliable rental history-the current tenant has been in place for 11 years.
A smart investment or future renovation project in a location you'll love-don't miss out!
*Harcourts Burnie has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.*
Property History for 40 Simpson St, Somerset, TAS 7322
- 21 Jul 2025Sold for $440,000
- 11 Jul 2025Listed for Sale Best Offer Over $439,000
- 01 Feb 2016Listed for Rent - Price not available
Recent sales nearby
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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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