7 Athol Street, Somerset, TAS 7322 | Property Value & History | OnTheHouse
OFF MARKET

7 Athol Street
Somerset TAS 7322

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 97m2
Land area: 1646m2
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Last updated 19 Jan 2026
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Property Details for 7 Athol St, Somerset

7 Athol St, Somerset is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1959. The property has a land size of 1646m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in October 2010.

Building Type
House
Year Built
1959
Floor Size
97m2
Land Size
1646m2
Local Government
Waratah-Wynyard
Lot/Plan
8/77751

Last Listing description (July 2010)

Future Investment
Who knows what the value of this package will be worth in years to come ! The property has lifetime tenants at the moment paying all outgoings - but rent free. The level block is 0.1646 hectares and lends itself to future development. The home is low maintenance with aluminum windows and vinyl clad. Set in popular Somerset close to Doctors, shop & beach.
PLEASE NOTE THE ''LIFE TENANCY'' DEAL AS A LEASE OVER RIDES A SALE AND THE TENANTS HAVE A LIFETIME LEASE RENT FREE.

THE VALUE OF THIS PROPERTY WILL BE IN THE DISTANT FUTURE WHERE THE BLOCK WILL HAVE OUTSTANDING DEVELOPMENT POTENTIAL.

Property History for 7 Athol St, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$55,000
05 Oct 2010
  • 05 Oct 2010
    Sold for $55,000
  • 23 Jul 2010
    Sold for $110,000
  • 12 Feb 2010
    Listed for Sale $135,000 NEW PRICE
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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.