FOR SALE
$220,000

31 Somerset Street
Horseshoe Bay QLD 4819

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 707m2
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707m2 land in established elevated area

This is one of a very few remaining vacant blocks in the Somerset St area, a nicely established area of mostly owner occupiers, well elevated to catch the prevailing breezes from both the south-east and north and with excellent drainage.
The very slightly sloping block enjoys superb hill views in all directions so you choose your preferred orientation. With a 20m frontage, it's easy to build on, with town water, sewer and power all easily available.
Approx 15 minutes walk to the beach and 10 minutes drive to the ferry terminal, it's easy to get to everything you need whilst enjoying the peace away from the tourist areas!
There's plenty to do in Horseshoe Bay with of course the beautiful sandy north-facing beach, cafes, restaurants, shops, regular markets, skate park and multi-sport court.
This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.
Property Code: 1572

Property Details for 31 Somerset St, Horseshoe Bay

Building Type
Land
Land Size
707m2

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About Horseshoe Bay 4819

The size of Horseshoe Bay is approximately 6.2 square kilometres. It has 3 parks covering nearly 34.5% of total area. The population of Horseshoe Bay in 2011 was 538 people. By 2016 the population was 559 showing a population growth of 3.9% in the area during that time. The predominant age group in Horseshoe Bay is 60-69 years. Households in Horseshoe Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Horseshoe Bay work in a community and personal service occupation. In 2011, 64.6% of the homes in Horseshoe Bay were owner-occupied compared with 69.4% in 2016.

Horseshoe Bay has 595 properties. Over the last 5 years, Houses in Horseshoe Bay have seen a 80.63% increase in median value, while Units have seen a -21.67% decrease. As at 31 August 2024:

  • The median value for Houses in Horseshoe Bay is $688,499 while the median value for Units is $540,761.
  • Houses have a median rent of $388.
There are currently 16 properties listed for sale, and no properties listed for rent in Horseshoe bay on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Horseshoe bay.

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Alex Strens
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Best of Magnetic Real Estate - MAGNETIC ISLAND
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