Summerhill, TAS 7250

Summerhill, TAS 7250

Compare Part of Launceston

158.10 km
Distance from CBD
46 k
Population
Median Sale Price
House
-
Updated on Apr 2020
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Apr 2020
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$263,000
0.0% $183,000 $479,000 59
2010
$270,000
+2.6% $226,000 $580,000 44
2011
$263,000
-2.7% $214,000 $370,000 47
2012
$250,100
-5.2% $195,000 $360,000 43
2013
$235,000
-6.4% $180,000 $385,000 40
2014
$266,000
+11.7% $152,000 $395,000 47
2015
$270,000
+1.5% $178,000 $435,000 48
2016
$280,000
+3.6% $168,000 $446,500 46
2017
$285,000
+1.8% $147,000 $451,000 45
2018
$327,000
+12.8% $140,223 $885,000 42
2019
$312,000
-4.8% $245,000 $480,000 42
2020
$360,000
+13.3% $265,000 $425,000 19
Median Sale Price
$335K
Based on 45 recorded sales within the last 12 months
Updated on 2 Jun 2020
Suburb Growth
+3.0%
Current Median Price: $335,000
Previous Median Price: $325,000
Based on 83 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2020)
Price Range Segments (12 months ending May 2020)
Median Weekly Rent Price
House
$350
Updated on Apr 2020
2 BR
$260
3 BR
$350
4 BR
-
Unit
$270
Updated on Apr 2020
1 BR
$250
2 BR
$270
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
-
- - - -
2012
-
- - - -
2013
$320
0.0% $320 $320 1
2014
$295
-8.5% $245 $400 25
2015
$300
+1.7% $160 $465 47
2016
$305
+1.6% $265 $400 24
2017
$330
+7.6% $210 $420 26
2018
$350
+5.7% $260 $550 30
2019
$350
0.0% $290 $450 21
2020
$375
+6.7% $335 $450 6
Median Rent Price
$360
per week
Based on 19 recorded rent within the last 12 months
Updated on 2 Jun 2020
Rent Price Growth
+2.8%
Current Median Rent: $360
Previous Median Rent: $350
Based on 46 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.6%
Current Median Price: $335,000
Current Median rent: $360
Based on 64 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2020)

Auction Results For Summerhill

Houses sold in Last 12 months ends 30 May 2020

$321K

Median Sale Price

100%

Clearance Rate

9/9

Sold/Reported

$480K

Highest Sale Price

Sold Price Range No. of Sold Properties
$400 K - $600 K 1
less than $400 K
(Median Price Range)
4

Schools closest to Summerhill, TAS 7250

School name Address Type Sector Distance
Summerdale Primary School 82 - 84 STANLEY STREETSummerhill 7250 Primary Government 0.19 km
St Patrick's CollegeTop 20 282 WESTBURY ROADProspect Vale 7250 Secondary Catholic 0.42 km
Prospect High School RALPH STREETProspect 7250 Secondary Government 0.97 km
West Launceston Primary School 24-38 BASIN ROADWest Launceston 7250 Primary Government 2.03 km
Glen Dhu Primary School 270 WELLINGTON STREETSouth Launceston 7249 Primary Government 1.82 km
John Calvin SchoolTop 10 53 HOWICK STLaunceston 7250 Combined Independent 2.53 km