OFF MARKET

242 Peel Street W
Summerhill TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 144m2
Land area: 1012m2
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Property Details for 242 Peel St W, Summerhill

242 Peel St W, Summerhill is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1958. The property has a land size of 1012m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in October 2015.

Building Type
House
Year Built
1958
Floor Size
144m2
Land Size
1012m2
Local Government
Launceston
Lot/Plan
6/55670

Last Listing description (February 2016)

AN OPPORTUNITY TO PURCHASE A VERY VERSATILE HOME IN A GREAT LOCATION. THIS PROPERTY OFFERS THE OPTION OF BEING USED AS EITHER A 3 BEDROOM, 2 BATHROOM, 2 LIVING AREA HOME OR AS A 2 BEDROOM HOME WITH AN ATTACHED GRANNY FLAT! ON OVER 1000M2 OF LAND THIS ALSO PRESENTS AND IDEAL INVESTMENT WITH AN OPTION TO DEVELOP FURTHER (STCA). LOCATED IN SUMMERHILL WHICH IS ONLY MOMENTS TOO ALL ESSENTIAL CONVENIENCES AND PUBLIC TRANSPORT THIS HOME IS AN OPPORTUNITY THAT YOU DON'T WANT TO MISS OUT ON! CALL ANDREA BONNER TODAY TO BOOK IN YOUR INSPECTION OF THIS HOME.RENTAL ESTIMATE: $280 - $300/WEEKPROPERTY CODE: 485

Property History for 242 Peel St W, Summerhill, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$259,000
14 Oct 2015
  • 14 Oct 2015
    Sold for $259,000
  • 20 Aug 2015
    Listed for Sale OFFERS OVER $259,000

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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.