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 2016 was 69 people. By 2021 the population was 78 showing a population growth of 13.0% 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 over $4000 per month on mortgage repayments. In general, people in Somerset Dam work in a clerical occupation.In 2021, 67.80% of the homes in Somerset Dam were owner-occupied compared with 46.10% in 2016.
Somerset Dam has 154 properties. Over the last 5 years, Houses in Somerset Dam have seen a 145.65% increase in median value, while Units have seen a 423.79% increase. As at 30 November 2025:
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