OFF MARKET

9 Third Avenue
Somerset Dam QLD 4312

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 94m2
Land area: 347m2
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Property Details for 9 Third Ave, Somerset Dam

9 Third Ave, Somerset Dam is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 347m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
House
Year Built
1950
Floor Size
94m2
Land Size
347m2
Local Government
Somerset Regional
Lot/Plan
12/S8965

Last Listing description (June 2023)

Are you sick of just day trips to the Lake or are you looking to escape the City Chaos permanently?
Why not seize the opportunity to purchase this lovely 3 b/m home at Somerset Dam.
This home doubles as more than just a weekender due to the tasteful refurbishments and decor, with 3 good sized bedrooms, polished floors, Open Plan, A/C, fireplace,large deck, 20 panel solar system and garage to store the large surf/ski boat with ease of access.

You can enjoy the lifestyle the village and Lake have to offer, whilst enjoying income from the holiday rentals this property currently maintains.
Not only is there Watersports clientele but our Coronation Hall in the village is now an exclusive well sought after wedding venue with bookings well into 2018. Approximately 34 weddings a year and wedding parties and guests all look to stay in the village.
So enjoy your holiday home with the added bonus of a little income.
There is nothing more to do to this property as all the work has been done for you, so just relax and enjoy the village atmosphere.

Only 1.5 klms to the Lakes recreational water sports area and only 70 minutes to Brisbane.
Inspection is essential to appreciate all this property has to offer.

Property History for 9 Third Ave, Somerset Dam, QLD 4312

A timeline of how this property has performed in the market
Last Sold
$368,000
03 Apr 2018
Listed for Rent
$220/w
13 Jul 2017
  • 20 Mar 2023
    Listed for Sale $379,000
  • 03 Apr 2018
    Sold for $368,000
  • 11 Sep 2017
    Listed for Sale $379,000
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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.