Somerset Dam Suburb Profile
Queensland 4312

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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.

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.

Suburb Insights for SOMERSET DAM 4312

Market Insights
Somerset Dam Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


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Somerset Dam Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 54

20-29

 

4%

40-49

 

9%

50-59

 

22%

60-69

 

30%

70-79

 

9%

80-89

 

4%

Household Structure
Occupancy

Last Updated: 19/10/2024

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.