1 King StreetSomerset Dam QLD 4312
Property Details for 1 King St, Somerset Dam
1 King St, Somerset Dam is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1920. The property has a land size of 817m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in June 2013.
Last Listing description (July 2013)
Set yourself FREE with the key to the LOCK UP
No Airy Fairy Marketing Jargon here. Just straight to the point
Originally the old police station and single cell jail
Garages currently generating $200/week rental income
Garages are 9mL x 4mW x 4.2mH each
House is currently used for weekender/holiday rentals achieving from $200 - $250 night
Comfortably sleeps 10-12 people
Modern kitchen, modern bathroom with toilet + separate toilet
Extra garage and lock up tool shed along with Old lock up cell out back
Main Road exposure lends itself to business venture and easy access STCA
Enjoy the residence as a great weekender for yourself along with an income stream generated from the Shed rentals and periodic holiday rentals
2 klm drive to the lakes recreational access point.
Property History for 1 King St, Somerset Dam, QLD 4312
- 28 Jun 2013Sold for $332,500
- 04 Jun 2013Listed for Sale $359,000
- 09 Jun 2012Listed for Sale $435,000
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About Somerset Dam 4312
The size of Somerset Dam is approximately 21.8 square kilometres. It has 2 parks covering nearly 47.9% of total area. The population of Somerset Dam in 2011 was 267 people. By 2016 the population was 54 showing a population decline of 79.8% in the area during that time. The predominant age group in Somerset Dam is 60-69 years. Households in Somerset Dam are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Somerset Dam work in a labourer occupation. In 2011, 63% of the homes in Somerset Dam were owner-occupied compared with 46.1% in 2016.
Somerset Dam has 161 properties. Over the last 5 years, Houses in Somerset Dam have seen a 88.06% increase in median value. As at 31 October 2024:
- The median value for Houses in Somerset Dam is $525,255 while the median value for Units is $612,314.
- Houses have a median rent of $200.
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