Somerset
Suburb profile, market snapshot and recent listings for Somerset, TAS 7322.
About Somerset
Welcome to Somerset
Somerset sits on Tasmania's north-west coast, straddling the mouth of the Cam River a short drive west of Burnie. It's a compact coastal town with a working history in timber and paper milling, now settled into life as an affordable, laid-back alternative to its larger neighbour, with the coastline and rural hinterland of Mount Hicks and Doctors Rocks just inland.
With a population of 4,067 and a median age of 48, Somerset has the feel of an established community rather than a boom town — families, retirees and long-term locals living alongside a steady trickle of newcomers drawn by the coastal setting and the value on offer compared with Hobart or the mainland.
Lifestyle & dining
Life in Somerset moves at a coastal pace. The foreshore reserve along the Cam River and the beach at the town's edge are the natural gathering points, whether for a walk, a fish or simply watching the weather roll in off the Bass Strait. It's not a suburb built around a bustling dining strip, but Burnie is only minutes away and brings a wider spread of cafes, pubs and restaurants within easy reach for anyone wanting a night out or a proper coffee run.
Shopping
Somerset has a functional local shopping centre covering day-to-day needs — supermarket, pharmacy, takeaway food and a handful of specialty stores — enough to avoid a trip into Burnie for the basics. For bigger shopping trips, Burnie's retail precinct is close by and covers most of what a household would need beyond the everyday.
Getting around
The Bass Highway runs straight through the area, making Somerset an easy commute into Burnie and giving good access west toward Wynford and Wynyard, including the airport. There's no rail passenger service on this stretch of coast, so cars are the default way to get around, but the compact layout of the town means most local errands are a short drive rather than a major undertaking.
Schools & families
Somerset Primary School serves the town itself, giving younger families a genuine local option within walking or short driving distance for many households. For secondary years, Australian Christian College – Burnie is close by, and the short commute into Burnie also opens up the broader range of secondary schooling options across the region.
Housing & architecture
Housing in Somerset is dominated by standalone houses, which make up 72% of current listings — a mix of older weatherboard and brick homes from the town's mill-era growth alongside newer builds on the fringes. Land sales account for 12% of listings, reflecting some ongoing appetite for new construction, while apartments, units and townhouses make up the remaining 16% combined, giving a modest but real option for downsizers or first-home buyers after something lower-maintenance.
The property market
Somerset's median house price sits at $525,000, having climbed a substantial 16.7% recently — a sign that the value proposition of the north-west coast is starting to draw more buyer attention. Median rent of $450 a week points to solid rental demand relative to purchase prices, an equation that continues to appeal to investors as well as owner-occupiers looking for an entry point into the Tasmanian market without Hobart-level prices.
Market snapshot
Somerset property market
Median sale price
$525k
House · 3 bed
Median rent
$450
per week
Gross rental yield
4.5%
annual rent ÷ sale price
Typical price range
Entry
$378k
Median
$525k
Premium
$903k
Days on market
23
Auction clearance
0%
Sold this year
28
Median sold price trend · House 3 bed
Compound growth +7.9% / yr over 4 yrs
Property types on market
Share of current listings in Somerset by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Somerset, TAS 7322.
Population
4,067
residents (2021)
Median age
48
years
Household income
$1,100
median, per week
Median rent
$240
per week
Median mortgage
$1,192
per month
Mortgage / income
25%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Somerset
Government school catchment
Independent & Catholic schools
Recent results
Recently sold in Somerset
$600k
67 Raglan Street
Sold ~July 2026
$619k
19 Murchison Highway
Sold ~July 2026
$519k
6 Guy Crescent
Sold ~July 2026
$485k
13 George Street
Sold ~July 2026
$670k
20 Simpson Street
Sold ~July 2026
$599k
6 Wragg Street
Sold ~June 2026
$549k
20 Falmouth Street
Sold ~June 2026
$230k
Back Cam Road
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Somerset
Compare the area
Price map around Somerset
Every listing for sale near Somerset, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
Quick switch to nearby areas
Common questions
Somerset suburb FAQ
What is the median property price in Somerset?
The median house price in Somerset, TAS is $525k for a 3-bedroom home. Over the past year, median sold prices have risen about 16.7%.
How much is rent in Somerset?
The median weekly rent in Somerset is around $450 per week.
Is Somerset a good place to live?
Somerset is a small township to the west of Burnie, Tasmania, Australia, which shares its name with the County of Somerset, England, UK. Somerset is an established residential suburb in TAS, with a population of around 4,067 and 2 schools in the area.
What is the population of Somerset?
Somerset has a population of 4,067 (ABS 2021 Census), with a median age of 48.
What schools are in Somerset?
There are 2 schools in or near Somerset, including Australian Christian College - Burnie and Somerset Primary School.
How long do homes take to sell in Somerset?
Properties in Somerset take around 23 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Somerset?
Entry-level properties in Somerset start around $378k, while premium homes reach $903k.
What suburbs are near Somerset?
Suburbs near Somerset include Mount Hicks and Doctors Rocks.
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