Average rent in Somerset, TAS — 2026

Somerset sits below the Tasmania median, with the typical renter paying $240/week — 18% less than the state-wide $293/week baseline (ABS Census 2021). The suburb skews owner-occupied: 70% own outright or with a mortgage, and only 27% rent. Housing stock is dominated by separate houses (90%), with limited high-density development. Population sits at 4,067, the median age is 48, and the most common occupation is Professionals. 8% of residents were born overseas. Somerset is 239km from Hobart, often putting it outside the inner-ring rent pressure zone — though state-level rent indices show the 2021 baseline is now meaningfully out of date. Your reported figure above gives the live read; the Census number anchors the historical baseline.