Thinking about buying in Somerset Dam? Now could not be a better time, with just 206 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $562,000 with prices in this suburb ranging from $166,000 to $843,000. The aproximate distance to the coast is 46 Km.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
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| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Average Property Prices
Somerset Dam Real Estate Market Outlook
In Somerset Dam there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Somerset Dam is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Somerset Dam changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Somerset Dam necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Somerset Dam we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Somerset Dam a better buying opportunity than it may have been in the past.
Properties for sale Somerset Dam
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5 GULDBRANSEN ST, SOMERSET DAM, QLD, 4312 |  4 |
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Offers over $649,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Somerset Dam there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Somerset Dam weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 8.2 | 19.9 | 30.5 | 50.2 | 91.4 | 1.4 | 21.9 |
| Feb | 9.6 | 20.1 | 29.8 | 53.4 | 91.6 | 1.4 | 20.5 |
| Mar | 6.7 | 19.1 | 29 | 53.9 | 92.3 | 1.2 | 18.1 |
| Apr | 4.6 | 16.0 | 26.6 | 51.6 | 90.7 | 1.1 | 16.6 |
| May | 4.1 | 12.6 | 23.9 | 49.5 | 91.9 | 1.0 | 14.1 |
| Jun | 3.3 | 10.9 | 21.6 | 52.1 | 92.3 | 1.1 | 12.1 |
| Jul | 1.3 | 9.5 | 21.8 | 45.0 | 91.0 | 1.1 | 13.0 |
| Aug | 0.6 | 9.4 | 24.1 | 35.6 | 89.4 | 1.1 | 16.4 |
| Sept | 1.3 | 11.7 | 25.7 | 38.7 | 90.8 | 1.3 | 19.4 |
| Oct | 4 | 14.4 | 27.1 | 43.7 | 91.6 | 1.4 | 21.4 |
| Nov | 1.6 | 16.8 | 29.4 | 42.3 | 90.4 | 1.5 | 24.9 |
| Dec | 4.1 | 18.8 | 30.7 | 45.2 | 90.5 | 1.5 | 24.1 |
source: Australian Government Bureau of Meteorology
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