11 Gipps St, Somerset Dam is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 491m2 and floor size of 2m2. While the property is not currently for sale or for rent, it was last sold in February 2018.
Price reduction...vendor says sell
Nestled away in the quiet village of Somerset Dam is this delightful weatherboard 2 bedroom cottage. Step out onto the generous sized deck and enjoy the tranquility this property has to offer. Overlooking the local tennis courts and the Stanley River this property is sure to delight the nature lovers, the fishing enthusiasts, the fitness fanatics, the boaties and most of all the families. The home has a double garage and secure storage underneath for the tinney and the jet skis. To the side of the home the undercover BBQ area that leads to the fully fenced back yard. Only minutes away from Lake Somerset spit this home is the ideal weekend retreat or investment.
Call Sam to arrange an inspection.
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:
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