Free market report · Data to July 2026
Somerset property market
Somerset is one of the 453 council areas we track on the Australian property clock. This page is the plain-numbers read: where it sits in the cycle, who lives there, what's being built, and the suburbs inside it.
Houses · cycle position
Slowing
The Somerset house market is still growing, but the pace has come off its fastest point. Slowing markets often keep rising for years, just less quickly.
-4% to +18%
Modelled 12-month price range
+3.2%
Modelled 12-month rent change
Units · cycle position
Not enough unit sales in Somerset for a reliable cycle reading. That's common outside the cities, and honest beats guessed.
The clock measures growth momentum, not price. Peak means growing fastest, not about to fall. See Somerset on the clock.
The people
Who lives in Somerset.
Population · ABS estimates
26,936
People (2025)
+1.2%
Growth per year, last 5 years
Steady growth. Not a boom town, not going backwards.
Households · Census 2021
45
Median age
$1,312
Median household income per week
75% own or are paying off their home, 21% rent. An owner-occupier market at heart, which tends to steady prices through the cycle.
New supply
What's being approved to build.
Building approvals are tomorrow's supply. A market where approvals are falling while population grows is a market where pressure builds. The reverse deserves caution.
Dwellings approved · ABS
246 of the latest year's approvals were houses. Approvals are trending up: more supply is coming.
Jobs and investment
Who's working, and what's being spent.
Jobs pay mortgages and rents. Government and commercial building spend is where future jobs come from: schools, hospitals, shops and factories all get approved before they get built.
Jobs · SALM, March 2026
12,833
Employed residents
4.0%
Unemployment (national 4.2%)
2,690 more residents are in work than five years ago (+26.5%). That is strong jobs growth, and it usually shows up in housing demand with a lag.
Non-residential building approved · ABS
$53m
All sectors, FY26
$9m
Public sector (government projects)
| Year | Government | All non-residential |
|---|---|---|
| FY24 | $5m | $10m |
| FY25 | $2m | $9m |
| FY26 | $9m | $53m |
Public building spend here is trending up. Governments build where they expect people. For the named projects behind these numbers, ask for the full report below.
Inside the LGA
The suburbs of Somerset.
All 71 suburbs and localities in Somerset
Atkinsons Dam · Avoca Vale · Biarra · Borallon · Braemore · Bryden · Buaraba · Caboonbah · Clarendon · Coal Creek · Colinton · Cooeeimbardi · Coolana · Coominya · Cressbrook · Crossdale · Dundas · Esk · Eskdale · Fairney View · Fernvale · Fulham · Glamorgan Vale · Glen Esk · Glenfern · Gregors Creek · Harlin · Hazeldean · Ivory Creek · Jimna · Kilcoy · Kingaham · Lake Wivenhoe · Lark Hill · Linville · Lower Cressbrook · Lowood · Minden · Monsildale · Moombra · Moore · Mount Archer · Mount Beppo · Mount Byron · Mount Hallen · Mount Kilcoy · Mount Stanley · Mount Tarampa · Murrumba · Ottaba · Patrick Estate · Prenzlau · Redbank Creek · Rifle Range · Royston · Sandy Creek · Scrub Creek · Sheep Station Creek · Somerset Dam · Split Yard Creek · Tarampa · Toogoolawah · Vernor · Villeneuve · Wanora · Westvale · Winya · Wivenhoe Hill · Wivenhoe Pocket · Woolmar · Yimbun
Free · Pulled together by hand
Want the full workup on Somerset?
This page is the public data. The full report is the licensed feed: 10 years of prices, rents and vacancy over time, days on market, demand, and the supply pipeline, for Somerset or any suburb in it. Same data we run for clients. I pull it and email it through, usually within a business day. No charge, and no 14-part email sequence after it.
General information only, not financial or investment advice. Cycle positions and projections are modelled LGA-level figures to July 2026 (licensed market analytics). Population and approvals are ABS estimates; employment is SALM smoothed data; income, age and tenure are Census 2021. None of it can see street quality, flood maps, zoning or the contract, which is where deals are actually won and lost. Get advice on your own situation before acting.
Data finds the area. It doesn't buy the house.
We narrow 15,000 suburbs to the top 5 for each client, then find the street and the property. If Somerset is on your list, that's a conversation worth having early.