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 Oct 2022
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2022
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 $625,000 43
2013
$240,000
-4.2% $180,000 $605,000 40
2014
$266,000
+9.8% $152,000 $395,000 47
2015
$270,000
+1.5% $178,000 $435,000 52
2016
$280,000
+3.6% $168,000 $446,500 48
2017
$285,000
+1.8% $147,000 $451,000 49
2018
$325,000
+12.3% $140,223 $885,000 48
2019
$312,000
-4.2% $245,000 $480,000 49
2020
$360,000
+13.3% $265,000 $710,000 54
2021
$475,000
+24.2% $290,000 $700,000 53
2022
$535,000
+11.2% $367,500 $1,502,000 49
Median Sale Price
$535K
Based on 53 recorded sales within the last 12 months
Updated on 1 Dec 2022
Suburb Growth
+11.6%
Current Median Price: $535,000
Previous Median Price: $473,000
Based on 105 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2022)
Price Range Segments (12 months ending Nov 2022)
Median Weekly Rent Price
House
-
Updated on Oct 2022
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2022
1 BR
-
2 BR
-
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
$370
+5.4% $315 $450 17
2021
$420
+11.9% $260 $525 31
2022
$460
+8.7% $390 $600 22
Median Rent Price
$460
per week
Based on 24 recorded rent within the last 12 months
Updated on 1 Dec 2022
Rent Price Growth
+8.7%
Current Median Rent: $460
Previous Median Rent: $420
Based on 54 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.5%
Current Median Price: $535,000
Current Median rent: $460
Based on 77 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2022)

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