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 | |
Similar Suburbs to Summerhill 7250
Based on median house sale price sold in last 12 months
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 |