15 King StreetSomerset Dam QLD 4312
Property Details for 15 King St, Somerset Dam
15 King St, Somerset Dam is a 3 bedroom, 1 bathroom House. The property has a land size of 349m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Somerset Dam in the last 12 months.
Last Listing description (September 2024)
A very rare opportunity is presented to purchase a large Storage Shed / Weekender in picturesque Somerset Dam Village. Nestled at the base of surrounding mountains, prices in Somerset Village have skyrocketed (mostly due to the shortage of properties in this quiet, peaceful area).
Workers will be needed for the upcoming Somerset dam wall 'upgrade' making it no surprise that prices just keep rising. Supply has run out, but the demand keeps coming...
Enjoy water skiing, jet skiing and fishing on Somerset dam (only a 3-minute drive down the road), OR, at the base of the township is the Stanley River, a great spot for swimming, canoeing and fishing. Enjoy a tree change and the opportunity to get away from the city at a very affordable price.
A previous decommissioned service station, the 2 main sheds are a very generous size for storage, basically two 7mtr x 10mtr sheds plus the old airconditioned takeaway shop gives 2 rooms that could suit for overnight stays (subject to Council approval), PLUS a further airconditioned loft area approx 10mtr x 7 mtr all leading to an elevated 6mtr x 6mtr outdoor entertaining deck. This generous deck looks out over an amazing green space regularly visited by koalas in the huge gum trees, kookaburras, cockatoo's and other varied bird life. Warm up after a day on the water around a fire pit and catch up with likeminded weekend locals or just have down time and enjoy the peace and serenity.
Local conveniences include a great general store a short stroll down the road (which has fuel and delicious meals) and a school bus conveniently comes past the front door and transports any local children to the state primary and high schools in Toogoolawah which is 20 minutes away.
Opportunities such as this do not come along very often.
Property History for 15 King St, Somerset Dam, QLD 4312
- 26 Jul 2024Sold for $400,000
- 01 Jul 2024Listed for Sale Offers Over $399,500
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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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