Summerhill, TAS 7250

Summerhill, TAS 7250

Compare Part of Launceston

158.10 km
Distance from CBD
46 k
Population
Median Sale Price
House
$515K
Updated on May 2022
2 BR
$449K
3 BR
$515K
4 BR
$633K
Unit
$393K
Updated on May 2022
1 BR
-
2 BR
$380K
3 BR
$571K
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
$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
$541,000
+12.2% $460,000 $761,000 25
Median Sale Price
$520K
Based on 55 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+21.0%
Current Median Price: $520,000
Previous Median Price: $410,595
Based on 106 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$440
Updated on May 2022
2 BR
$388
3 BR
$445
4 BR
$450
Unit
$370
Updated on May 2022
1 BR
$290
2 BR
$378
3 BR
$440
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
$410
+9.8% $260 $525 31
2022
$450
+8.9% $420 $600 7
Median Rent Price
$450
per week
Based on 16 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+8.9%
Current Median Rent: $450
Previous Median Rent: $410
Based on 48 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.5%
Current Median Price: $520,000
Current Median rent: $450
Based on 71 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 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