194 Peel St W, Summerhill is a 4 bedroom, 2 bathroom House with 8 parking spaces. The property has a land size of 969m2. While the property is not currently for sale or for rent, it was last sold in December 2019.
Built for the current owner in 1975, this is the first time this loving family home has been offered for sale. Ideally located opposite Summerdale Primary school and backing onto the Western Launceston Community Park, sports oval & walking tracks, this unique split level home is perfectly suited for the growing family.
Offering 3 bedrooms plus extra study/4th bedroom & rumpus, 2 bathrooms, 3 toilets and natural gas heating & hot water. The under house also offers a generous workshop/storage area. The 968m block is relatively flat and offers plenty of off street parking, room for the kids to play and even we suspect subdivision potential (STCA).
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:
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