OFF MARKET

5 First Avenue
Somerset Dam QLD 4312

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 131m2
Land area: 562m2
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Property Details for 5 First Ave, Somerset Dam

5 First Ave, Somerset Dam is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1930. The property has a land size of 562m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1930
Floor Size
131m2
Land Size
562m2
Local Government
Somerset Regional
Lot/Plan
13/S8963

Last Listing description (June 2022)

The phone enquiry code for this property is - 3690

Unique, Rare, with plenty of character and so much history!

Holiday home with strong rental returns!

Selling fully furnished - includes everything from cutlery to lawnmower.

Located in the centre of Somerset Dam Village, a short 2min walk to the Coronation Hall and a 2 mins drive to the spit recreation area and boat ramp.

Perfect home base for water sports, fishing or just relaxing.

- Currently configured to Sleep 10-12 comfortably
- 3 bedrooms + upstairs mezzanine/loft with princess balcony overlooking the mountain views
- Large bathroom with plenty of lockable cupboard space
- Separate powder room
- HUGE deck with BBQ and gas point
- Downstairs laundry under the house
- Enclosed car accommodation for 2 cars under the deck
- Fully ducted reverse cycle airconditioning

Extra extra large, enclosed boat accommodation with super tall electric roller door. Will fit a large wakeboat with the tower up. Will easily handle a 23 footer with length to spare.

In addition to the boat shed there is space for 5 more cars (1 carport, 2 behind gated driveway and 2 more under the deck secured by rollerdoor.

Property History for 5 First Ave, Somerset Dam, QLD 4312

A timeline of how this property has performed in the market
Last Sold
$650,000
15 Mar 2022
  • 15 Mar 2022
    Sold for $650,000
  • 21 Feb 2022
    Listed for Sale Not Disclosed
  • 18 Oct 2016
    Sold for $410,000
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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.