48 Simpson Street, Somerset, TAS 7322 | Property Value & History | OnTheHouse
OFF MARKET

48 Simpson Street
Somerset TAS 7322

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 680m2
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Last updated 19 Jan 2026
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Property Details for 48 Simpson St, Somerset

48 Simpson St, Somerset is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 680m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1960
Floor Size
90m2
Land Size
680m2
Local Government
Waratah-Wynyard
Lot/Plan
3/60742

Last Listing description (January 2026)

Set just a short stroll from the heart of Somerset, this beautifully renovated home delivers effortless living with an impressive indoor-outdoor appeal.Designed with entertaining in mind, the outdoor patio offers the perfect space to relax or host family and friends. A single garage/workshop is complemented by ample room for additional sheds (STCA), along with plenty of space to accommodate a caravan, boat, or extra vehicles-providing outstanding versatility.Inside, the home has undergone a stunning transformation. Featuring two bedrooms, including a master with built-in robes, both with dual blinds, the interiors are enhanced by polished floorboards that add warmth and character throughout. The open-plan living area is inviting and comfortable year-round, complete with a freestanding wood heater and split-system heating.The stylish kitchen is equipped with high-end appliances and features a servery window that flows seamlessly to the outdoor patio-perfect for entertaining.The rear of the home is equally impressive, showcasing a fully renovated and thoughtfully designed wet area. A galley-style storage zone connects via French doors to the patio, alongside a separate laundry and toilet. The bathroom is a true standout, featuring a spacious walk-in shower and a luxurious freestanding bath.Low-maintenance and move-in ready, this cladded home with new gutters offers peace of mind and easy living. Enjoy a north-facing aspect with glimpses of ocean views, all set on an approximately 680m block. Just moments from Somerset's shops, cafs, and scenic coastal footpaths-this is an opportunity not to be missed.*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 48 Simpson St, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$230,000
11 Mar 2021
  • 16 Jan 2026
    Listed for Sale Best Offer Over $469,000
  • 11 Mar 2021
    Sold for $230,000
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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 2,050 properties. Over the last 5 years, Houses in Somerset have seen a 86.65% increase in median value, while Units have seen a 56.13% increase. As at 31 December 2025:

  • The median value for Houses in Somerset is $530,468 while the median value for Units is $403,972.
  • Houses have a median rent of $420 while Units have a median rent of $290.
There are currently 6 properties listed for sale, and 1 property listed for rent in Somerset on OnTheHouse. According to Cotality's data, 74 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.