OFF MARKET

1/163 Peel Street W
Summerhill TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 83m2
Land area: 333m2
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Property Details for 1/163 Peel St W, Summerhill

1/163 Peel St W, Summerhill is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1986. The property has a land size of 333m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
Unit
Year Built
1986
Floor Size
83m2
Land Size
333m2
Local Government
Launceston
Lot/Plan
1/57168

Last Listing description (April 2016)

Built in 1986, this well proportioned brick and tile unit is as neat as a pin. Offering generous bedrooms with built in wardrobes, separate lounge area and spacious open plan kitchen and dining room, there s a great deal to like.
Only 1 of 2 on the block, this feels more like a small house than a unit with lockable garage and workshop, additional off street parking and level access via the secure private courtyard to the rear of the property.
Landscaped for low maintenance and with a solid rental history, this property may suit a multitude of buyers. Whether you are a young family wanting to be close to local schools; a first home buyer who will appreciate the minimal maintenance solutions, or someone who is in the process of downsizing needing easy access to local medical facilities and amenities; there is something here for everyone.

Make time to inspect this little beauty, I challenge you to find fault!

Property History for 1/163 Peel St W, Summerhill, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$222,000
12 Feb 2016
  • 12 Feb 2016
    Sold for $222,000
  • 07 Jan 2016
    Listed for Sale $219,000
  • 15 Apr 2014
    Sold for $190,000
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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.