Somerset ^{TAS 7322}

Somerset's house market is moving higher: the median sale price reached $506,000, roughly 15% above where it sat a year earlier.

Houses in Somerset are currently listed at around $615,000 on average. Based on 45 houses listed in the past six months.

45 of the suburb's 1,709 dwellings (2.6%) were listed for sale in the last 6 months.

Houses in Somerset rent for around $485 a week on average, based on 16 houses listed for rent in the past six months.

21 rentals advertised against an estimated 482 rented homes (4.4%) in the last 6 months.

Short-Stay Rentals

9 active Airbnb listings: 6 whole homes and 3 rooms. Whole homes are about 0.3% of the suburb's homes.

Airbnb only, as at Jun 2026; other platforms are not included. Active means reviewed in the past 12 months. The share is against private dwellings at the 2021 Census.

The three add up to the change above. These are council-wide figures from the ABS, not figures for this suburb alone — this suburb's own population is in the census section above.

Households face an average residential rates bill of $1,820 a year through Waratah-Wynyard based on 2024 figures.

Zoning sets what may be built, not what is there today. A single address can sit in a different zone to the suburb around it — the property page shows the zone for one address.

In the year to August 2026, 65 new dwellings were approved across Waratah-Wynyard. Almost all of the pipeline is detached houses. Approvals are up 33.3% on the same period a year earlier.

High rainfall — mild summers, cold winters with occasional frost.

Elevation

60 m

above sea level, at the suburb centre

Distance to the ocean

2.9 km

2.9 km to a named beach

Near high-voltage lines

1.4% of addresses

32 within 100 m of an overhead line of 110 kV or more

Annual rainfall

929 mm

112 rainy days

Summer max (Jan)

21.8°C

0 days ≥ 35°C

Winter min (Jul)

3.8°C

20 frost days ≤ 0°C

Elevation is the ground at the suburb centre, from Geoscience Australia's National Digital Elevation Model. Approximate — it reads high in dense built-up areas. It is a measure of height above sea level and not an indicator of flood risk, which depends on height above nearby waterways.

• Somerset Wastewater Treatment Plant

  Sewerage and Drainage Services

  Top reported: Ammonia (total)
  3.2 km

$20,000 for new homes.

$20,000 for transactions commencing 1 July 2026 - 30 June 2027. THE AMOUNT MOVES EVERY YEAR AND THE SRO PUBLISHES THE TABLE: $30,000 (FY2025-26), $10,000 (FY2024-25), $30,000 (Apr 2021 - Jun 2024). We held $10,000 until 2026-09-18, which was the FY2024-25 figure — two years stale, and wrong in both directions in between. Nothing is published beyond 30 June 2027, so this is due again then regardless of the 1 July sweep. No purchase-price cap is STATED on the eligibility pages (an absence, not an explicit "no cap"); the Grant Guideline PDF was not read. Eligible new builds include substantially renovated homes and kit homes. Completion within 24 months of the transaction start date, or the grant drops to $10,000. Separate from the grant: the first home buyer duty exemption on ESTABLISHED homes up to $750,000 closed for settlements after 30 June 2026.

Verify eligibility with State Revenue Office of Tasmania

Currently held by Anne Urquhart Australian Labor Party

Results are per division — federal electoral boundaries are redrawn periodically, so the history reflects this division's past, not necessarily the exact suburb's voters across time.

Elected at the 2025 election:

• Jeremy Rockliff Liberal Party
• Gavin Pearce Liberal Party
• Craig Garland Independent
• Felix Ellis Liberal Party
• Anita Dow Australian Labor Party
• Roger Jaensch Liberal Party
• Shane Broad Australian Labor Party

A vacancy here is filled by a recount of the original votes, not a by-election, so a member listed may since have been replaced. Results: Tasmanian Electoral Commission.