OFF MARKET

7 First Avenue
Somerset Dam QLD 4312

Bedrooms: 5
Bathrooms: 1
Car spaces: 1
Floor area: 180m2
Land area: 1167m2
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Property Details for 7 First Ave, Somerset Dam

7 First Ave, Somerset Dam is a 5 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 1167m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
1920
Floor Size
180m2
Land Size
1167m2
Local Government
Somerset Regional
Lot/Plan
1/SP160283

Last Listing description (June 2023)

MASSIVE RESIDENCE WITH HISTORY at an affordable level. This is an opportunity to purchase one of the largest homes on one of the largest residential blocks in Somerset Village.

Originally the Somerset Dam School House, that has been renovated and converted to a massive residence with the opening up of the kitchen staff room and classroom one creating a huge open plan living area. Many more appealing features listed below.

- Currently sleeps 15 people
- Modern kitchen with dishwasher
- 2nd classroom has a hallway leading to 2 bedrooms
- 3rd classroom has 3 bedrooms
- Ceiling fans in main living areas
- Beautiful cast iron fireplace
- V.J's and Polished floors throughout
- Modern bathroom with dual showers and vanities has been installed
- Separate fully functioning staff toilet in amenities block with single lock up garage
- Nearly full length side verandah
- Still space to build a deck off the living area
- Loads of concreted space underneath with all concrete stumps.
- Extensive concrete driveway with massive concrete parking area
- Land size is approx 1,167m2 with access to the rear for the boats and cars
- Room for a large boat shed.
- Lovely shady garden spots for afternoon drinks with guests.

This property is ideal for the large family or 2 families, and has enjoyed the benefit of extra income from holiday rentals. Enjoy the serenity of Somerset Dam and all water activities associated with the Lake. Only an 80 minute drive to Brisbane.

Inspection by appointment only.

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Property History for 7 First Ave, Somerset Dam, QLD 4312

A timeline of how this property has performed in the market
Last Sold
$635,000
27 Apr 2022
  • 27 Apr 2022
    Sold for $635,000
  • 22 May 2020
    Listed for Sale Offers Overs $445,000
  • 06 Jul 2015
    Listed for Sale $209,500 per share or $160,000 for the block
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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 159 properties. Over the last 5 years, Houses in Somerset Dam have seen a 87.42% increase in median value. As at 30 September 2024:

  • The median value for Houses in Somerset Dam is $522,071 while the median value for Units is $594,143.
  • Houses have a median rent of $200.
There are currently no properties listed for sale, and no properties listed for rent in Somerset dam on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Somerset dam.

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