4 Third Ave, Somerset Dam is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 407m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom House sold in Somerset Dam in the last 12 months.
Whether you are entertaining, relaxing after a day on the water or just seeking some peace and quiet, 'Summer Villa' has it all! A large deck opens through bi-fold timber doors from the modern kitchen to provide glorious views down the valley and across to the mountains. This fully furnished home with town water has three bedrooms upstairs and another room downstairs off the garage. Outside has a cozy fireplace with seating, inviting you to cook up a camp oven, experiment with damper or simply roast marshmallows.
As one of the original workers cottages believed to be built in the 1930's and since renovated, 'Summer Villa' has been a well loved family holiday home for many years. Additionally, in recent years "Summer Villa" has provided a profitable income as short stay accommodation, listed on Stayz and Airbnb with a weekend two night income of $620 and averaging at least two weekend bookings a month over the last twelve months. With the Stanley Hall in Somerset as a popular wedding venue, "Summer Villa" could be an ideal self managed superannuation fund!
Somerset Dam village itself has a unique welcoming atmosphere with so much to explore. Waterski, wakeboard, wakesurf and fish on Somerset Dam or swim in the enclosed swimming area down at the Spit, only a three minute drive.
"Summer Villa" is more than a gorgeous cottage, you are buying into a lifestyle!
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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