OFF MARKET

2/118 Outram Street
Summerhill TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 105m2
Land area: 348m2
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Property Details for 2/118 Outram St, Summerhill

2/118 Outram St, Summerhill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 348m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in July 2018.

Building Type
Unit
Year Built
2018
Floor Size
105m2
Land Size
348m2
Local Government
Launceston
Lot/Plan
2/175708

Last Listing description (September 2018)

No common or shared ground making this property its own!
All the benefits of low maintenance living without the usual unit complex type living.
2 large sized bedrooms both with build in wardrobes

Bathroom ideally located in between both bedrooms with separate shower and bath!
Separate toilet
Stunning stylish kitchen which is open to the dining and living and all these areas are drenched in natural light
The property is elevated and takes in a wonderful outlook
Doors opening off the living area onto the deck which takes advantage of the position and views
Remote garaging with internal access directly into the kitchen - no steps!!!
This home is great for first home buyers with the benefits of buying a new home
Also ideal for a professional couple, downsizers and of course, investors!

Property History for 2/118 Outram St, Summerhill, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$335,000
31 Jul 2018
  • 31 Jul 2018
    Sold for $335,000
  • 24 Jul 2018
    Listed for Sale $325,000 - $355,000

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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.