OFF MARKET

5/29 Michael Street
Summerhill TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 153m2
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Property Details for 5/29 Michael St, Summerhill

5/29 Michael St, Summerhill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 153m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in April 2001.

Building Type
Unit
Year Built
1988
Floor Size
65m2
Land Size
153m2
Local Government
Launceston
Lot/Plan
5/57712

Last Listing description (February 2017)

Perfectly located in a quiet complex of five, is this neat and tidy property, offering:
Functional kitchen with gas cooking
Spacious lounge room warmed with gas heating

Two bedrooms, both with built-ins
Combined bathroom / laundry with shower
Lovely courtyard
Carport
The perfect place to call home!!
$220 per week

Property History for 5/29 Michael St, Summerhill, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$106,000
07 Apr 2001
Listed for Rent
$220/w
03 Jan 2017
  • 03 Jan 2017
    Listed for Rent $220 / week
  • 30 Oct 2015
    Listed for Rent $200 / week
  • 20 Mar 2014
    Listed for Rent - Price not available
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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.