OFF MARKET

2/216 Peel Street W
Summerhill TAS 7250

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 107m2
Land area: 274m2
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Last updated 11 Nov 2024
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Property Details for 2/216 Peel St W, Summerhill

2/216 Peel St W, Summerhill is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2020. The property has a land size of 274m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
Unit
Year Built
2020
Floor Size
107m2
Land Size
274m2
Local Government
Launceston

Property History for 2/216 Peel St W, Summerhill, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$365,500
21 Jul 2020
  • 21 Jul 2020
    Sold for $365,500

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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.