13 King St, Somerset Dam is a 3 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 349m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Water sports enthusiasts this is your chance to enter the Somerset Dam property market at a ground floor price!Prices have been on the rise in this area mainly due to the many opportunities to 'holiday rent' homes in Somerset Dam Village. Positioned only 80m directly across from this property is Coronation Hall a very popular wedding venue which is currently booked out most weekends. 200m to the lovely Stanley River and just 2km from the Somerset Dam Spit, after a short drive you can enjoy Water skiing, Fishing, Swimming and BBQ'ing with your family and friends. The small township of Somerset Village has a fantastic atmosphere as it comes alive each weekend or stay during the week for a tranquil break. The home features two big double bedrooms plus a section of the garage is converted to a large third bedroom. There is a central bathroom, large airconditioned open plan kitchen / living room running from the front right through to the rear, laundry, separate toilet and storage area are well positioned giving secure access to an approximately 9mx6m private outdoor, covered entertaining area. Surrounded by treed mountains Somerset Dam village is a picture from every angle. As an added bonus, the planning for a possible 600million Somerset Dam wall upgrade is also well under way. Quiet weekender, investment property or both, this property is well worth 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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