SOLD
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Sold on 26 Oct 2023 for $500,000

128 Peel Street W
Summerhill TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 170m2
Land area: 640m2
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Property Details for 128 Peel St W, Summerhill

128 Peel St W, Summerhill is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 640m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom House sold in Summerhill in the last 12 months.

Building Type
House
Floor Size
170m2
Land Size
640m2
Local Government
Launceston
Lot/Plan
19/59155

Last Listing description (October 2023)

Introducing 128 Peel Street West, a renovated 3-bedroom home, ready set for investors or the ideal start for first home buyers. Boasting a tastefully updated bathroom, new flooring, carpet and window furnishings, re-plastered with new lighting, freshly painted interior and exterior, fully insulated, updated electrics, separate laundry and second toilet, double car-port and off-street parking, large shed, fully fenced yard perfect for children or pets, reverse-cycle heating, master and second bedroom with built-in wardrobes and NBN. Located in a great position, walking distance to Summerdale Primary School and St Patrick's College, S'Presso 101 Cafe on Stanley Street and public transport. Just minutes from the Prospect Vale shopping Centre and all amenities and 9 minutes from Launceston's CBD. Opportunity knocking!

Built: 1956
Building Size: 170m2

Land Size: 640m2
Council Rates: Approx. $1800 per year
Water Rates: Approx. $900 per year
Zoning: General Residential
Rental Appraisal: Approx. $550 per week

**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**

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Property History for 128 Peel St W, Summerhill, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$500,000
26 Oct 2023
  • 09 Oct 2023
    Sold for $505,000
  • 02 Oct 2023
    Listed for Sale Offers over $495,000
  • 07 Jan 2004
    Sold for $167,000
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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 1,481 properties. Over the last 5 years, Houses in Summerhill have seen a 74.94% increase in median value, while Units have seen a 59.60% increase. As at 31 August 2024:

  • The median value for Houses in Summerhill is $529,365 while the median value for Units is $395,320.
  • Houses have a median rent of $480 while Units have a median rent of $435.
There are currently 5 properties listed for sale, and no properties listed for rent in Summerhill on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Summerhill.

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