Unit 1, 7 LYONS STREET Somerset TAS 7322
This property is Off Market
- The Average property price in this area is $260,257, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 0.45 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Somerset
With an average age of 48, households expect an average monthly mortgage payment of $1,180 or a weekly rent payment of $202. The average family earns a weekly income of $1,125 with a typical household size of 2 and a 87.27% employment rate.
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.
Public Transport
Burnie
General Points of Interest
Creative Paper
University of Tasmania - Cradle Coast Campus
Burnie Aquatic Centre
Audrey Quilliam Netball Centre
Shen Martial Arts Academy
Burnie Sports Centre
Vietnam Veterans Memorial
Wynyard Cenotaph
In The Zone Laser Tag
Burnie Football & Cricket Clubs
Population
(Country of Birth not stated 9%)
Are people healthy?
There are a recorded 509 asthma sufferers and 317 people living with diabetes. In addition, 272 people have a heart/vascular condition and 528 people live with three or more chronic diseases.A good place to invest in property?
Somerset a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Tasmania State average 45 / 100
Income
21 / 100
41 / 100
Industry
26 / 100
40 / 100
Population
21 / 100
40 / 100
House Prices
59 / 100
65 / 100
Jobs
23 / 100
38 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsSomerset Primary School
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Australian Christian College - Burnie
Somerset, TAS, 7322 Independent Prep-10 -
Montello Primary School
Montello, TAS, 7320 State K-6 -
Hellyer College
Shorewell Park, TAS, 7320 State 11-12 -
Burnie High School
Cooee, TAS, 7320 State 7-12
Property Story
Unit 1, 7 Lyons Street, Somerset, Tas, 7322 is a residential property with 2 bedrooms, 1 bathrooms and Parking spaces. The estimated distance to the sea is only 0.45km and 0.68KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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