41a Simpson St, Somerset is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1985. The property has a land size of 771m2 and floor size of 282m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Located in the CBD of Somerset (just a 2-minute walk to shops and medical services), these three 2-bedroom units are situated on a flat block, and are currently tenanted by 3 long-term tenants. Low-maintenance surrounds and established gardens make this a strong investment to add to your portfolio. Providing around a 5% return.
These units were built in 1985, brick construction with Colorbond roof. The front unit is standalone - only the carports are conjoined. Units 2 and 3 are conjoined with a carport on each side of both units.
Both bedrooms have built-ins, linen press in front entry, open-plan living/kitchen/dining. Separate bathroom, separate toilet and separate laundry with access to a rear courtyard. Electric heating and NBN connected. Behind the carport is a utility room for storage, etc.
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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 2,051 properties. Over the last 5 years, Houses in Somerset have seen a 82.62% increase in median value, while Units have seen a 65.97% increase. As at 28 February 2026:
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