OFF MARKET

5 Michael Street
Summerhill TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 181m2
Land area: 837m2
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Property Details for 5 Michael St, Summerhill

5 Michael St, Summerhill is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1969. The property has a land size of 837m2 and floor size of 181m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
House
Year Built
1969
Floor Size
181m2
Land Size
837m2
Local Government
Launceston
Lot/Plan
38/21392

Last Listing description (February 2016)

Set in a quiet street in Summerhill is this good sized family home with plenty of potential for the new owners.
The home is approximately 135m2 with 2 levels. The top level is the main living space and upon entering the front door you will find to your left the large separate lounge room with large windows letting in plenty of light and those peaceful suburb and bush views.
To the right is the master bedroom with built-in. Continuing down the hall the remaining 2 bedrooms are found on the right (both with built-ins) and the bathroom includes vanity, separate shower, separate bath and built-in shelves and cupboards perfect for storing bathroom items. The toilet is separate to the bathroom.

The kitchen features wall oven and benchtop hotplates and transitions through to the dining and family area which includes the reverse cycle air conditioner and sliding door access to the deck. A staircase leads down to the ground floor where you will find the large separate laundry, garage and workshop / storage room which could be further developed and currently features a bar and cellar storage.
This home also features 10 solar panels providing both solar hot water and power aiding in keeping the utility bills down The large backyard would be great for the children to run around and play and it also features a variety of fruit trees and plenty of room to allow for children's play equipment such as a trampoline or swing set.
Set close to the local primary school, (Summerdale Primary), is a short trip to the Prospect Vale Market Place or Old Tudor Shopping Complex and a quick zip into the Launceston CBD.
This property is currently rented at $275 per week and leased until April next year.

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Property History for 5 Michael St, Summerhill, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$270,000
13 Jan 2016
Listed for Rent
$275/w
23 Apr 2015
  • 13 Jan 2016
    Sold for $270,000
  • 02 Apr 2015
    Listed for Rent $275 / week
  • 12 Feb 2015
    Listed for Sale $280,000
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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, 53 properties were sold in the past 12 months in Summerhill.

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