OFF MARKET

126 Peel Street W
Summerhill TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 213m2
Land area: 690m2
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Property Details for 126 Peel St W, Summerhill

126 Peel St W, Summerhill is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1956. The property has a land size of 690m2 and floor size of 213m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
House
Year Built
1956
Floor Size
213m2
Land Size
690m2
Local Government
Launceston
Lot/Plan
18/59155

Last Listing description (December 2018)

Spacious, inviting with a grand touch, is how I would describe this excellent property located in Summerhill.
Ideally priced for a retiree, 1st home buyer or investor, the property offers some fantastic spaces. Investors will be happy to know that there is a long term tenant currently in place (on a non fixed term agreement) who is keen to stay on if an investor were to buy.
From the grand entrance, high ceilings, formal dining room that connects onto the front deck and flows into the lounge and huge kitchen - which offers a tonne of bench and cupboards space.

All 3 bedrooms are traditional Queen rooms (master is even bigger!) all with excellent built in s that have been updated.
The family bathroom is in good order, while there is also a second shower located in the laundry, which is always a bonus.
Externally you will find nice private gardens, concrete driveway leading to a single garage, further off street parking and an undercover alfresco area for the summer get together's.
Location is also super, with old Tudor complex, Summerdale Medical just around the corner and a bus stop almost on your doorstep.
Inspections by appointment only.

Property History for 126 Peel St W, Summerhill, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$330,000
16 Nov 2018
  • 16 Nov 2018
    Sold for $330,000
  • 14 Nov 2018
    Listed for Sale Offers Over $325,000
  • 10 Nov 2015
    Listed for Sale $280,000
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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 8 properties listed for sale, and 2 properties listed for rent in Summerhill on OnTheHouse. According to CoreLogic's data, 52 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.