SOLD
Sold on 25 Jul 2024 for $470,000

5 Walnut Grove
Summerhill TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 108m2
Land area: 708m2
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Property Details for 5 Walnut Gr, Summerhill

5 Walnut Gr, Summerhill is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1976. The property has a land size of 708m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Summerhill in the last 12 months.

Building Type
House
Year Built
1976
Floor Size
108m2
Land Size
708m2
Local Government
Launceston
Lot/Plan
444/5574

Last Listing description (July 2024)

Nestled in the serene neighbourhood of Summerhill, 5 Walnut Grove is a delightful three-bedroom house that presents an exceptional opportunity for first-time buyers and astute investors alike. This charming abode, set on a generous 708 square metre plot, is a perfect blend of comfort and convenience.

The heart of this home is undoubtedly the updated kitchen, which boasts an abundance of storage options, ensuring all your culinary needs are catered for with ease. The adjoining spacious lounge room flows seamlessly, creating an inviting ambiance that is perfect for both relaxed living and entertaining guests.

Each of the three well-proportioned bedrooms offers a tranquil retreat, while the modern bathroom is complete with a separate toilet next door. The low maintenance brick construction adds to the allure of this property, ensuring you have more time to enjoy the large yard that is ripe for personalisation or simply to bask in the Tasmanian sunshine.

The single garage provides secure parking, while additional off-street parking ensures that guests are always welcome. Situated in close proximity to local schools, the property is ideal for families, and with the Prospect Vale Shopping Hub just a stone's throw away, all your shopping and dining needs are within easy reach.

Whether you're taking your first step onto the property ladder or looking to expand your investment portfolio, 5 Walnut Grove offers a solid foundation in a sought-after locale. Don't miss out on the chance to make this house your home.

Council rates: $480 p/q approx.
Water rates: $250 p/q approx.
Building size: 107m2 approx.
Land size: 708m2 approx.
Year built: 1976
Rental estimate: $440-$470 per week approx.

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.

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Property History for 5 Walnut Gr, Summerhill, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$470,000
25 Jul 2024
  • 25 Jul 2024
    Sold for $470,000
  • 16 Jul 2024
    Listed for Sale Offers Over $475,000
  • 21 Oct 2012
    Sold for $227,500
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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 1,481 properties. Over the last 5 years, Houses in Summerhill have seen a 74.94% increase in median value, while Units have seen a 59.60% increase. As at 31 August 2024:

  • The median value for Houses in Summerhill is $529,365 while the median value for Units is $395,320.
  • Houses have a median rent of $480 while Units have a median rent of $435.
There are currently 5 properties listed for sale, and no properties listed for rent in Summerhill on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Summerhill.

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