Median Sale Price
House
$370K
Updated on Apr 2021
2 BR $366K | 3 BR $360K | 4 BR $442K |
Unit
$320K
Updated on Apr 2021
1 BR - | 2 BR $287K | 3 BR $393K |
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 | $710,000 | 47 |
| 2021 | $437,500 | +17.7% | $291,000 | $510,000 | 18 |
Median Sale Price
$382K
Based on 42 recorded sales within the last 12 months
Updated on 14 Jun 2021
Suburb Growth
+12.3%
Current Median Price: $382,000
Previous Median Price: $335,000
Based on 90 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2021)
Price Range Segments (12 months ending May 2021)
Median Weekly Rent Price
House
$385
Updated on May 2021
2 BR $350 | 3 BR $390 | 4 BR $440 |
Unit
$295
Updated on May 2021
1 BR $185 | 2 BR $298 | 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 | 16 |
| 2021 | $410 | +9.8% | $260 | $525 | 18 |
Median Rent Price
$410
per week
Based on 28 recorded rent within the last 12 months
Updated on 14 Jun 2021
Rent Price Growth
+12.2%
Current Median Rent: $410
Previous Median Rent: $360
Based on 46 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.6%
Current Median Price: $382,000
Current Median rent: $410
Based on 70 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2021)
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 |