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

8 Simpson Street
Somerset TAS 7322

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 93m2
Land area: 701m2
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Last updated 3 Aug 2026
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Property Details for 8 Simpson St, Somerset

8 Simpson St, Somerset is a 3 bedroom, 1 bathroom House and was built in 1940. The property has a land size of 701m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in September 2013.

Building Type
House
Year Built
1940
Floor Size
93m2
Land Size
701m2
Local Government
Waratah-Wynyard
Lot/Plan
1/164006

Last Listing description (August 2026)

Packed with potential and positioned in a convenient Somerset location, this three bedroom home presents an exciting opportunity for renovators, first home buyers, or investors looking to add value.

Property Highlights:

- Three bedrooms, all with built-in wardrobes
- Functional kitchen and spacious living area with pellet heater
- Bathroom with separate bath and shower
- Separate laundry with toilet
- Large rumpus room, separate storage room, and office
- Fully fenced backyard

Additional Information:
- Year Built: 1949
- Full rewiring completed in December 2024
- Rental appraisal available upon request (please note that improvements are required prior to leasing)

This property will be sold by public auction on Saturday, 22nd August, at 10:00am, on site.
Auction Terms and Conditions of Sale will be available from our office 7 days prior to the auction.

Offering a solid foundation and plenty of scope to improve, this home is an ideal project for buyers with vision. Whether you're looking to renovate and create your dream home, complete your next renovation project, or secure an investment with future potential, 8 Simpson Street is an opportunity not to be missed.

Please contact Sarah Elphinstone at Harcourts Burnie for more information.

*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 8 Simpson St, Somerset, TAS 7322

A timeline of how this property has performed in the market
Last Sold
$130,000
27 Sep 2013
  • 20 Jul 2026
    Listed for Sale Auction Saturday 22nd August, 10:00am, on site
  • 27 Sep 2013
    Sold for $130,000
  • 11 Apr 2013
    Listed for Sale REDUCED $149,000
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About Somerset 7322

The size of Somerset is approximately 27.0 square kilometres. There are 8 parks, covering nearly 1.3% of the 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 65.47% increase in median value, while Units have seen a 67.06% increase. As at 30 June 2026:

  • The median value for Houses in Somerset is $538,048 while the median value for Units is $476,099.
  • Houses have a median rent of $450 while Units have a median rent of $340.
There are currently 8 properties listed for sale, and 1 property listed for rent in Somerset on OnTheHouse. According to Cotality's data, 63 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.