OFF MARKET

11 Somerset Street
Horseshoe Bay QLD 4819

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 609m2
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Property Details for 11 Somerset St, Horseshoe Bay

11 Somerset St, Horseshoe Bay is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1994. The property has a land size of 609m2. While the property is not currently for sale or for rent, it was last sold in October 2012.

Building Type
House
Year Built
1994
Land Size
609m2
Local Government
Townsville City
Lot/Plan
19/RP745740

Last Listing description (November 2010)

New Home Found - This Must Sell!
The owner has a new home ready to go! This block has to sell to make his dreams come true. You can make your dreams come true by building your ideal home right here in Horseshoe Bay.
The opportunities on offer here are endless: Secure your slice of tropical island freehold land before it's all gone; build your dream home just minutes to the beach, or invest in a holiday home in the most popular bay on beautiful Magnetic Island.

Horseshoe Bay is located at the northern end of Magnetic Island and as such is the most protected bay for most of the year providing a calm safe beach, watersports, shops, cafes and restaurants. It is popular with tourists and holiday homes are the ideal option for visiting families all year round who love the fact that they can walk to the beach and facilities.
This 609m2 block is located on an established residential street which often enjoys sea breezes due to its elevated position.
Magnetic Island is accessed by regular passenger ferries (25 minutes) and car barges (45 minutes) making the trip from Townsville airport an easy, scenic, relaxing short journey. The island offers everything from hardware to surfware, supermarkets, banks, school, etc. - in fact many of the permanent residents rarely make the trip to the mainland as they can get everything they need on the island!
The owner is serious about selling - this opportunity won't last long!
Rates: $871.36 (after discount)
Price: $145,000 Negotiable

Property History for 11 Somerset St, Horseshoe Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$92,000
21 Oct 2012
Listed for Rent
$430/w
15 Jul 2014
  • 14 Jun 2014
    Listed for Rent - Price not available
  • 21 Oct 2012
    Sold for $92,000
  • 20 Aug 2011
    Listed for Sale Not Disclosed
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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 599 properties. Over the last 5 years, Houses in Horseshoe Bay have seen a 51.28% increase in median value, while Units have seen a 130.88% increase. As at 31 October 2024:

  • The median value for Houses in Horseshoe Bay is $735,448 while the median value for Units is $543,696.
  • Houses have a median rent of $388.
There are currently 13 properties listed for sale, and 1 property listed for rent in Horseshoe bay on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Horseshoe bay.

Suburb Insights for Horseshoe Bay 4819

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.