OFF MARKET

164 Peel Street W
Summerhill TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 94m2
Land area: 835m2
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Property Details for 164 Peel St W, Summerhill

164 Peel St W, Summerhill is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1961. The property has a land size of 835m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
House
Year Built
1961
Floor Size
94m2
Land Size
835m2
Local Government
Launceston
Lot/Plan
37/59540

Last Listing description (July 2020)

Located in popular Summerhill on a large block, this solid property offers excellent renovation/extension potential, or serves as a cosy and comfortable home or investment property, ready to move straight into! The sunny interior offers generous room sizes and several updates including a beautifully renovated bathroom and fresh paint throughout.• Solid home situated on a large block in a sought-after suburb• The home is set back from the road, offering privacy and allowing plenty of space for extensions to the front of the house if desired (STCA)• Generous, functional floorplan• Three good sized bedrooms• Beautifully updated bathroom plus separate toilet• Open plan living and dining area• Well-appointed kitchen with great cupboard space• Freshly painted• Behind the property is a landscaped backyard including raised vegetable gardens and a chicken run, as well as a handy double garage• The property offers a sense of privacy and seclusion whilst being just moments from Summerdale Primary School, St Patrick’s College, Prospect High School, the Olde Tudor shopping complex, the Silverdome, and local parks and public transport routes• A comfortable home, a great renovator, or excellent investment property! Council rates: $371 p/q approx.Water rates: $250 p/q approx. Land size: 835m2 approx.Building size: 95m2 approx. Year built: 1961Rental estimate: $340 - $380 per week approx. Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 164 Peel St W, Summerhill, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$305,000
29 May 2020
Listed for Rent
$220/w
28 Jan 2009
  • 29 May 2020
    Sold for $305,000
  • 23 May 2020
    Listed for Sale Best Offer Over $299,000
  • 18 Oct 2017
    Sold for $250,000
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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.