3/240 Peel St W, Summerhill is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 226m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Privately positioned at the end of only three units, this fantastic standalone property feels more like a home with a spacious open plan living area and paved courtyard, located close to schools, shops, cafes, and transport. The quality kitchen compliments the warm neutral colours throughout the unit creating a welcoming space, perfect for entertaining family and friends. You can enjoy the peace and quiet of this lovely area while Launceston CBD is only 11 minutes away. With no body corporate fees, this would be the ideal first home, downsizer, or effortless investment.
• 2 bedrooms, 1 bathroom, single garage
• Paved outdoor area
Building size: 96m2 approx.
Land size: 226m2 approx.
Year Built: 2004
Rental estimate: $450-$480 per week.
Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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:
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