OFF MARKET

1/40 Harris Street
Summerhill TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 341m2
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Property Details for 1/40 Harris St, Summerhill

1/40 Harris St, Summerhill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 341m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
1988
Floor Size
77m2
Land Size
341m2
Local Government
Launceston
Lot/Plan
1/56229

Last Listing description (September 2022)

This excellent brick unit is one of only two on the low maintenance, flat block. It is located in the family friendly suburb of Summerhill, close to transport, shops and services. It would be the perfect starter or downsizer and provides scope to modernize and add value to.

- Circa 1980's two bedroom, low maintenance home
- Open plan kitchen, dining and living area heated by the reverse cycle heat pump

- Two bedrooms, the main with built-in robes
- Bathroom with separate toilet
- Full size separate laundry
- Single lock up garage plus guest parking
- Close to schools, shops, transport, supermarket & all city conveniences
- Only 7 minutes' drive to Launceston's CBD
- Currently tenanted until April 2023 at $305 per week

Land Size: 345m2 (approx)
Building Size: 94m2 (approx)
Year Built: 1988
Local Council: Launceston
Current Rental Return: $305 per week

*Please note this property is currently tenanted and 48hours clear notice will need to be provided to the tenant prior to any inspection of the property.

We have in preparing this listing used our best endeavours to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations.

Property History for 1/40 Harris St, Summerhill, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$387,000
08 Aug 2022
Listed for Rent
$270/w
20 Apr 2020
  • 08 Aug 2022
    Sold for $387,000
  • 19 Jul 2022
    Listed for Sale Offers Over $369,000
  • 24 Mar 2020
    Listed for Rent $270 / 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.