OFF MARKET

15 Gipps Street
Somerset Dam QLD 4312

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 92m2
Land area: 392m2
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Property Details for 15 Gipps St, Somerset Dam

15 Gipps St, Somerset Dam is a 0 bedroom, 0 bathroom House with 2 parking spaces. The property has a land size of 392m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
House
Floor Size
92m2
Land Size
392m2
Local Government
Somerset Regional
Lot/Plan
107/S8963

Last Listing description (June 2023)

A superb well maintained semi modern 3 bedroom home with a double lock up garage.

Situated in one of the quiet streets in Somerset Village with the kitchen and bathroom featuring slate tiles amp; bench tops, island kitchen bench and pot belly stove.

The dining area opens out onto a large covered deck along with several outdoor entertaining areas, pergola, stone BBQ, outdoor spa and established trees and shrubs for added privacy.

Certainly in a prime position along Gipps Street opposite the Stanley River, tennis courts and close to the community hall that has many weddings and functions throughout the year. Holiday rentals for skiers and short term rentals for wedding parties and their guests are in demand, so you can enjoy the weekender lifestyle with a bonus rental income.

Only 2 minutes drive to the Lake's recreational access points and only 70 minutes to Brisbane or Sunshine Coast.

Property History for 15 Gipps St, Somerset Dam, QLD 4312

A timeline of how this property has performed in the market
Last Sold
$270,000
28 Aug 2020
  • 28 Aug 2020
    Sold for $270,000
  • 16 Jun 2016
    Listed for Sale $359,000
  • 09 Oct 2007
    Sold for $240,000
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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.
There are currently 1 property listed for sale, and no properties listed for rent in Somerset dam on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Somerset dam.

Suburb Insights for Somerset Dam 4312

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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.