OFF MARKET

257 Peel Street W
Summerhill TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 701m2
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Property Details for 257 Peel St W, Summerhill

257 Peel St W, Summerhill is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1955. The property has a land size of 701m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
House
Year Built
1955
Floor Size
68m2
Land Size
701m2
Local Government
Launceston
Lot/Plan
3/77994

Last Listing description (September 2017)

This 700m2 flat block is well laid out, with the current 1 bedroom dwelling and garage set deep in the block, allowing the addition of a unit at the front, STCA. With a bit of TLC, the sunny and spacious cottage would be an easy renter.
But if renovating isn t your thing, don t overlooking removing the cottage and starting again! This block could offer a fantastic blank canvas for your dream home, with St Patrick College s Croagh Patrick campus just over the back fence! Or again STCA, 2 brand new townhouses could thrive here in the heart of Summerhill. Development opportunities like this are hard to come by in this area and we look forward to meeting you onsite to show you around.
Property Features:

- Flat 700m2 block backing onto St Patricks College
- 1 Bed 68m2 residence with the potential to renovate or remove
- Connection to natural gas
- Sizable garage
- Situated close to public transport, schools, shops and all other conveniences
- So many options!!!

Property History for 257 Peel St W, Summerhill, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$147,000
19 Aug 2017
  • 19 Aug 2017
    Sold for $147,000
  • 01 Aug 2017
    Listed for Sale Auction
  • 07 Apr 2014
    Sold for $152,000
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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 1,478 properties. Over the last 5 years, Houses in Summerhill have seen a 65.24% increase in median value, while Units have seen a 57.18% increase. As at 31 January 2025:

  • The median value for Houses in Summerhill is $522,136 while the median value for Units is $422,517.
  • Houses have a median rent of $480 while Units have a median rent of $438.
There are currently 6 properties listed for sale, and 1 property listed for rent in Summerhill on OnTheHouse. According to CoreLogic's data, 60 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.