Median Sale Price
House
-
Updated on Dec 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Dec 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year | Median | Growth | Low | High | # Sales |
---|---|---|---|---|---|
2009 | $225,000 | 0.0% | $140,000 | $455,000 | 37 |
2010 | $257,500 | +12.6% | $55,000 | $410,000 | 21 |
2011 | $226,500 | -13.7% | $160,000 | $950,000 | 32 |
2012 | $235,000 | +3.6% | $150,000 | $510,000 | 44 |
2013 | $227,500 | -3.3% | $82,500 | $650,000 | 79 |
2014 | $227,500 | 0.0% | $68,000 | $470,000 | 105 |
2015 | $225,000 | -1.1% | $87,500 | $392,500 | 52 |
2016 | $240,000 | +6.3% | $120,000 | $480,000 | 58 |
2017 | $245,000 | +2.0% | $110,000 | $550,000 | 74 |
2018 | $238,000 | -2.9% | $115,000 | $620,000 | 57 |
2019 | $299,000 | +20.4% | $165,000 | $618,400 | 46 |
2020 | $295,000 | -1.4% | $147,000 | $620,000 | 63 |
2021 | $327,000 | +9.8% | $170,500 | $635,000 | 55 |
2022 | $440,000 | +25.7% | $215,000 | $1,250,250 | 49 |
2023 | $435,000 | -1.1% | $255,000 | $936,000 | 51 |
2024 | $435,000 | 0.0% | $290,000 | $1,200,000 | 56 |
2025 | $775,000 | +43.9% | $349,000 | $775,000 | 6 |
Median Sale Price
$435K
Based on 56 recorded sales within the last 12 months
Updated on 18 Feb 2025
Suburb Growth
+1.1%
Current Median Price: $435,000
Previous Median Price: $430,000
Based on 111 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2025)
Price Range Segments (12 months ending Jan 2025)
Median Weekly Rent Price
House
-
Updated on Dec 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Dec 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year | Median | Growth | Low | High | # Rents |
---|---|---|---|---|---|
2011 | - | - | - | - | - |
2012 | - | - | - | - | - |
2013 | - | - | - | - | - |
2014 | $280 | 0.0% | $160 | $380 | 34 |
2015 | $280 | 0.0% | $200 | $380 | 35 |
2016 | $270 | -3.7% | $195 | $430 | 44 |
2017 | $290 | +6.9% | $190 | $500 | 53 |
2018 | $290 | 0.0% | $200 | $450 | 31 |
2019 | $290 | 0.0% | $215 | $460 | 38 |
2020 | $350 | +17.1% | $240 | $480 | 20 |
2021 | $350 | 0.0% | $250 | $450 | 24 |
2022 | $380 | +7.9% | $320 | $480 | 23 |
2023 | $380 | 0.0% | $310 | $500 | 29 |
2024 | $400 | +5.0% | $370 | $500 | 24 |
2025 | - | - | - | - | - |
Median Rent Price
$400
per week
Based on 20 recorded rent within the last 12 months
Updated on 18 Feb 2025
Rent Price Growth
0.0%
Current Median Rent: $400
Previous Median Rent: $400
Based on 46 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.8%
Current Median Price: $435,000
Current Median rent: $400
Based on 76 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2025)
Schools closest to Somerset, TAS 7322
School name | Address | Type | Sector | Distance |
---|---|---|---|---|
Somerset Primary School | WRAGG STREETSomerset 7322 | Primary | Government | 1.16 km |