9 Gipps StreetSomerset Dam QLD 4312
Property Details for 9 Gipps St, Somerset Dam
9 Gipps St, Somerset Dam is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1945. The property has a land size of 519m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Last Listing description (June 2023)
This is an exciting opportunity to purchase a gorgeous renovated cottage with all the charm of yesteryear in Somerset Dam Village.
The cottage has been transformed into a 2 bedroom home with a new roof, new bathroom and kitchenette, new reverse cycle air conditioning in the lounge and ceiling fans throughout.
Perched on Steel Stumps and well positioned overlooking the tennis courts and parkland with views to Mount Brisbane from the massive 4 x 9 m deck and a short stroll to the Stanley River.
Situated on a large 519 sqm block there is room to remodel the existing deck into another 2 rooms or extra living space with potential to further extend and build a new deck beyond.
Plenty of room to add in a drive through garage down the side of the house for ease of access for the large Ski/Surf boat and extra garages at the rear. There is also a quaint 7 x 4m shed to store all the odds and ends.
Only 2 minutes drive to the Lakes recreational access point this makes a wonderful weekender or even permanent residence.
Inspection by Appointment only.
Property History for 9 Gipps St, Somerset Dam, QLD 4312
- 21 Mar 2023Listed for Sale Sold
- 12 Jan 2021Sold for $317,000
- 22 Dec 2020Listed for Sale Offers Over $319,000
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0About 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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