5/7 Reeve StreetSomerset TAS 7322
Property Details for 5/7 Reeve St, Somerset
5/7 Reeve St, Somerset is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 195m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (November 2021)
Tucked away at the end of a cul-de-sac sits this fully renovated low maintenance unit on approx. 200m2 parcel of flat land.
Offering open plan living, dishwasher and a freestanding oven, 2 double Bedrooms both with built in robes and a modern bathroom with walk in shower. Outside offers a partially fenced yard with garden shed and a single vehicle carport.
The location is a plus, with the bonus of walking distance to the beach and everything the township has on offer.
*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 5/7 Reeve St, Somerset, TAS 7322
- 21 Sep 2021Sold for $287,700
- 13 Sep 2021Listed for Sale Best offer over $259,000
- 27 Oct 2020Listed for Rent $260 / 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 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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