SOLD
Sold on 17 Apr 2024 for $410,000

2/147 Peel Street W
Summerhill TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 341m2
Sold By
Elders Real Estate Hobart
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Property Details for 2/147 Peel St W, Summerhill

2/147 Peel St W, Summerhill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 341m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Summerhill in the last 12 months.

Building Type
Unit
Year Built
1987
Floor Size
80m2
Land Size
341m2
Local Government
Launceston
Lot/Plan
2/57464

Last Listing description (May 2024)

Currently rented out to a long-term tenant, this solid unit has a good history of returns with minimal vacancy.

A generous unit with excellent floor plan featuring large living and master bedroom, separate shower bath and separate toilet. Updated heating/cooling with plenty of storage throughout - this unit is a great investment opportunity whilst appealing to downsizers and first home buyers alike. This low maintenance brick home has a convenient lifestyle on offer with fully fenced yard and lockup garage with internal access.

Located in popular Summerhill within walking distance to local primary school, pharmacy, Summerdale Medical Centre with local eateries, cafes and Woolworths a short drive away. The CBD is also a direct 5-minute drive.

- Solid low maintenance brick unit
- Fully fenced back yard
- Update heating/cooling
- Good history of returns
- Lockup garage with internal access

Water Rates: $277 per quarter approx.
Rates: $1622 per annum approx.
Building size: 100m2 approx.
Land size: 341m2 approx.
Year built: 1987

Currently rented at $390 per week

*** There is 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. ***

Property History for 2/147 Peel St W, Summerhill, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$410,000
17 Apr 2024
Listed for Rent
$390/w
11 Jul 2022
  • 17 Apr 2024
    Listed for Sale $390,000 - $430,000
  • 17 Apr 2024
    Sold for $410,000
  • 07 Dec 2023
    Listed for Sale $390,000 - $430,000
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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 1,477 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 no properties listed for rent in Summerhill on OnTheHouse. According to CoreLogic's data, 55 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.