First Avenue

Somerset Dam QLD 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.