$240 ▲ +37.1%
Lower than 63% of suburb / locality areas.
- 2011: $175
- 2016: $206
- 2021: $240
Median weekly rent paid by households renting their home.
Somerset · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Much lower housing costs than most similar areas define Somerset. The typical monthly mortgage here is $1,192, while weekly rents are also low at $240. These figures are well below the national averages, making the area more affordable than much of the country.
All suburb / locality areas, 2021. The marker is Somerset — lower than 63% of areas.
Rents, mortgages and crowding.
Typical weekly rents are $240, which is a little below the Tasmanian figure of $290 and well below the Australian average of $375. Monthly mortgage payments are also low, with the usual payment of $1,192 sitting well below the national figure of $1,863.
$240 ▲ +37.1%
Lower than 63% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,192 ▲ +0.6%
Lower than 77% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Somerset, $200–$349 is the majority at 63%; Under $200 is next at 26%.
In Somerset, the largest group is $1,000–$1,799 at 49%, followed by Under $1,000 (34%) and $1,800–$2,999 (13%).
How homes are owned or rented.
About 39.9% of homes are owned outright, which is well above the Australian average of 31%. Meanwhile, 27.3% of households are renting, a figure that is much higher than most similar areas.
27.3% ▲ +6.1%
Higher than 75% of suburb / locality areas.
Share of occupied private dwellings that are rented.
39.9% ▼ 0.0%
Lower than 54% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Somerset, the largest group is Owned outright at 40%, followed by Owned with a mortgage (30%) and Rented (27%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 89.9% of the market, which is far above the national figure of 72.3%. While these homes are common, the 70.8% of dwellings with three or more bedrooms is a little below both the state and national figures.
0.80 ▼ -27.3%
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
89.9% ▲ +5.2%
Lower than 68% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
70.8% ▼ -3.1%
Lower than 71% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Somerset, Separate house is the majority at 90%; Townhouse / semi-detached is next at 7%.
In Somerset, 3 bedrooms is the majority at 54%; 2 bedrooms is next at 22%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Somerset [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL60608/somerset/topic/housing-dwellings