OFF MARKET

61 Outram Street
Summerhill TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 72m2
Land area: 725m2
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Property Details for 61 Outram St, Summerhill

61 Outram St, Summerhill is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1993. The property has a land size of 725m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
House
Year Built
1993
Floor Size
72m2
Land Size
725m2
Local Government
Launceston
Lot/Plan
113/64956

Last Listing description (July 2020)

What a fantastic home for a first home buyer or an investor! Situated in a popular suburb and within a short distance of the Gorge, the property is sure to appeal. Built in 1993 of low maintenance concrete block, it's unusual design incorporates two bedrooms, large open plan lounge, wraparound kitchen and bathroom/laundry. From the front sliding door entry, a large deck creates a beautiful outdoor space which can be enjoyed any time of the year. Both indoor and outdoor living spaces face north which gives the home a light sunny feel and takes full advantage of the views towards the Gorge.The kitchen, is surprisingly efficient with near new appliances including a Euromaid stove, Westinghouse range hood, and Dishlex dishwasher. There is plenty of bench space, pantry cupboard and breakfast bar and tiled flooring. The adjoining lounge space is large enough to accommodate a good sized lounge suite while the two bedrooms are adequately sized as a master bedroom with built-ins and a smaller second bedroom with builtin. The large tiled bathroom offers spa bath with shower over, vanity, toilet and European laundry.The home was re-carpeted two years ago, a new Samsung heat pump installed, and was fully repainted inside and out. Under the deck is a very useful lockable storage area. The concrete driveway encircles the home, so there is a generous amount of parking for a couple of cars. The property is currently tenanted at $290 pw with the tenants on a month-by-month lease. If you are an investor, the tenants are excellent and would love to stay.The property is located close to bus stops, Summerhill Primary, supermarkets and medical centres. Launceston CBD is a short drive down through West Launceston. Look forward to your call to view.

Property History for 61 Outram St, Summerhill, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$290,000
27 May 2020
Listed for Rent
$290/w
26 Mar 2019
  • 27 May 2020
    Sold for $290,000
  • 15 Mar 2019
    Listed for Rent - Price not available
  • 21 Aug 2018
    Sold for $240,000
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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 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.