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Somerset Median Price
House$506,400
Unit$369,000
Land$156,800
The House price is 2% higher than last year.
Surrounding suburbs
Wynyard$619,300
Somerset rent price
A1 Raglan Street, Somerset
Sold $235,000 in Jan 2013 [Rectify]
Rent $280pw in Jun 2016
House: 3 Bed rooms 1 Bath rooms 2 Car spaces
Land size: 721 sqm | Building size: 128 sqm [Measure]
Agent: First National Real Estate - Burnie
Distance: 240 km to CBD

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Floorplan | Map | Nearby prices
Property Description:
SOLD BY..... DEANNE LAMPREY 0417109714
Located a short walk to the beach and shops plus a close commute for those working in Burnie, this property is in obvious demand as a long term rental. It's no surprise that it has a solid record of tenancy since 2010 and with a current lease agreement lasting through to August 2013, you could start collecting income today... Simply sit back and harvest the return from this fantastic investment property.
Key Investment Factors Include:
- Weekly Rent $280
- Lease running until August 2013
- Gross Yield: 5.94%
- Vacancy Rate since July 2010 is 1.16%
What the current tenant loves
- Cool in summer, warm in winter
- Level & secure yard
- Handy to beach, school & shops
Lot/Plan No: 20/54734
Lot/Plan No: 20/54734
Search neighbour's planning permit
Nearby Schools:
NameTypeRankDistance
Somerset Primary SchoolPrimaryNo.122802 metres
West Somerset Primary SchoolPrimaryNo.89802 metres
Seabrook Christian SchoolCombinedNo.41.3 km
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The property data is from the auction results and realestate websites.

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