Thinking about buying in Somerset? Now could not be a better time, with 2373 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $260,000 with prices in this suburb ranging from $14,000 to $3,456,000. Somerset is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Somerset Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Somerset is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Somerset changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Somerset to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Houses for sale Somerset

	92 pelissier st, somerset, tas, 7322	3	1	2	Offers Over $500,000
	4 guy cr, somerset, tas, 7322	3	1	1	Best Offer Over $419,000
	85 pelissier st, somerset, tas, 7322	3	1	3	Best Offer Over $365,000
	16b arthur st, somerset, tas, 7322	3	1	1	$390,000
	unit 6, 34a arthur st, somerset, tas, 7322	3	1	1	$575,000
	16 somerset esp, somerset, tas, 7322	3	1	1	$685,000
	unit 2, 37 falmouth st, somerset, tas, 7322	2	1	1	$395,000
	unit 2, 19 plummer ct, somerset, tas, 7322	2	1	1	Offers Over $420,000
	550 back cam rd, somerset, tas, 7322	4	3	3	$1,100,000
	108 mckays rd, somerset, tas, 7322	2	2	4	$1,350,000
	44 arthur st, somerset, tas, 7322	3	1	2	UNDER CONTRACT IN 12 DAYS
	2 bells pde, somerset, tas, 7322	3	2	2	Best Offers Over $599,000
	unit 1, 7 lyons st, somerset, tas, 7322	7	4	1	Best Offers Over $699,000
	17 dallas rd, somerset, tas, 7322	4	2	7	UNDER CONTRACT!

---

---

---

---

Internet Speed

Download 25 Mbps / Upload 5 Mbps

---

Nearby Suburbs

---

Public Transport

---

General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!