SOLD
Sold on 09 Apr 2024 for $395,000

1/131 Peel Street W
Summerhill TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 143m2
Land area: 268m2
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Property Details for 1/131 Peel St W, Summerhill

1/131 Peel St W, Summerhill is a 3 bedroom, 1 bathroom Unit with 4 parking spaces and was built in 1963. The property has a land size of 268m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Summerhill in the last 12 months.

Building Type
Unit
Year Built
1963
Floor Size
143m2
Land Size
268m2
Local Government
Launceston
Lot/Plan
4/173518

Last Listing description (July 2022)

* Comfortable family home in a great location!
* Functional, versatile floorplan with three bedrooms, office/study, and sunny, open plan living
* Large, well-appointed kitchen with good bench space

* Polished timber floors
* Generous room sizes and great natural light throughout
* Heat pump in living room, wood heater not included
* Single automatic garage and additional off-street parking spaces
* Low maintenance court yard and small patch of lawn
* Ideally located in popular West Launceston close to local schools, shops and conveniences
* Close to the Olde Tudor shopping centre and just a short drive from the CBD
* NBN ready
* This great home is available end of July
* Not suitable for pets
* Metered Power
* Electric hot water
* If you would like more information regarding the property please contact Zali on 0437 406 384 or zali@key2.com.au

Property History for 1/131 Peel St W, Summerhill, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$395,000
09 Apr 2024
Listed for Rent
$385/w
07 Jul 2022
  • 09 Apr 2024
    Sold for $395,000
  • 07 Jul 2022
    Listed for Rent $385 / week
  • 29 Jun 2020
    Listed for Rent $350 / week
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About Summerhill 7250

The size of Summerhill is approximately 2.3 square kilometres. It has 10 parks covering nearly 10.9% of total area. The population of Summerhill in 2011 was 3,160 people. By 2016 the population was 3,169 showing a population growth of 0.3% in the area during that time. The predominant age group in Summerhill is 50-59 years. Households in Summerhill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Summerhill work in a trades occupation. In 2011, 70% of the homes in Summerhill were owner-occupied compared with 69.6% in 2016.

Summerhill has 1,476 properties. Over the last 5 years, Houses in Summerhill have seen a 68.47% increase in median value, while Units have seen a 55.31% increase. As at 31 October 2024:

  • The median value for Houses in Summerhill is $516,540 while the median value for Units is $399,315.
  • Houses have a median rent of $490 while Units have a median rent of $443.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Summerhill on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Summerhill.

Suburb Insights for Summerhill 7250

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.