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Somerset Regional, QLD

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The Somerset Regional is a local government area in South East Queensland, Australia. The Somerset property market is a mix of rural and suburban living. There are a range of housing options available, from acreage to units and everything in between. The area has a strong community spirit and is a great place to live if you want to be close to nature but still be within commuting distance of a major city.

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The Somerset economy is based on agriculture, with dairy farming and beef cattle production the main industries. Tourism is also important, with the town serving as a gateway to the Sunshine Coast.

The most common employment in Somerset are labourers (17.8%), technicians and trades workers (14.9%), managers (13.9%), community and personal service workers (11.2%), and clerical and administrative workers (11.1%). Somerset’s typical weekly personal income for persons aged 15 and above is $512.

The typical real estate in Somerset is a detached house on a large block of land. Separate homes account for 96.4 % of occupied private residences in Somerset, while semi-detached, row or terrace houses, townhouses, and other buildings account for 1.0 %, flats or apartments account for 0.4 %, and other dwellings account for 1.2 %.

Discover the latest trends for real estate prices in this LGA with the help of interactive dashboard below.

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Suburb Heatmap Analysis

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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Property Market in Somerset Regional, QLD

What other property markets are there near Somerset Regional, QLD?

Somerset Regional is surrounded by 5 other council areas – Ipswich, Sunshine Coast, Gympie, Moreton Bay, South Burnett, Lockyer Valley, Toowoomba.

How many people live in Somerset Regional, QLD?

There are approximately 25000 people living in roughly 10500 dwellings in total, with an average household size of 2.6.

What major retailers are there in Somerset Regional, QLD?

The main retail centres are Kilcoy Cruisers, Esk Fruit Shop, Shopping Centre, Westfield Chermside, Grand Plaza.

What is the main industry in Somerset Regional, QLD?

Such sectors as Manufacturing, Agriculture, Forestry and Fishing, Construction, Retail Trade make up the largest part of the employment.

What are the dominant demographic groups in Somerset Regional, QLD?

Among approximately 25000 people in Somerset Regional males and females make roughly 50% of each group. The median age of people is 43 years. Children aged 0-14 years account for approximately 21% of the population, and those aged 65+ years account for 19%.

How is unemployment rate trending in Somerset Regional, QLD?

Among approximately 11000 people employed, roughly 56% work full-time, 30% work part-time, and an estimated 8% are unemployed.

Suburbs/localities in this Local Government Area: Fairney View 4306, Fernvale 4306, Avoca Vale 4314, Fulham 4313, Glamorgan Vale 4306, Glen Esk 4312, Glenfern 4515, Gregors Creek 4313, Haigslea 4306, Harlin 4314, Hazeldean 4515, Ivory Creek 4313, Jimna 4515, Kilcoy 4515, Kingaham 4515, Lake Manchester 4306, Lake Wivenhoe 4312, Lark Hill 4306, Linville 4314, Lockrose 4342, Lower Cressbrook 4313, Lowood 4311, Marburg 4346, Minden 4311, Monsildale 4515, Moombra 4312, Moore 4314, Mount Archer 4514, Mount Beppo 4313, Mount Byron 4312, Mount Hallen 4312, Mount Kilcoy 4515, Mount Stanley 4314, Mount Tarampa 4311, Murrumba 4312, Ottaba 4313, Patrick Estate 4311, Prenzlau 4311, Redbank Creek 4312, Biarra 4313, Rifle Range 4311, Royston 4515, Sandy Creek 4515, Scrub Creek 4313, Sheep Station Creek 4515, Somerset Dam 4312, Split Yard Creek 4306, Tarampa 4311, Toogoolawah 4313, Vernor 4306, Villeneuve 4514, Wanora 4306, Westvale 4514, Winya 4515, Wivenhoe Hill 4311, Wivenhoe Pocket 4306, Woolmar 4515, Yimbun 4313, Borallon 4306, Braemore 4313, Brightview 4311, Bryden 4312, Buaraba 4311, Caboonbah 4312, Clarendon 4311, Coal Creek 4312, Colinton 4314, Cooeeimbardi 4313, Coolana 4311, Coominya 4311, Cressbrook 4313, Crossdale 4312, Dundas 4306, Atkinsons Dam 4311, Esk 4312, Eskdale 4312

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