56 Smith St, Summer Hill is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 202m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
Impossible to overlook, 56 Smith St boasts an impressive presence with three street frontages in the vibrant centre of Summer Hill. A multi-purpose offering able to generate distinct leasable spaces (Potential rental income - in the vicinity of $100,000 per annum). Adding to its appeal is the advantage of rear lane parking, accommodating up to four cars.
Currently, the ground floor of the property is operating as a clinic offering:
- Three offices / practice rooms
The first floor is a spacious one-bedroom apartment boasting its own separate access via the rear lane.
Situated in close proximity to trendy cafes, bustling shops, prestigious schools, and easily accessible via trains and city buses, this property stands out as a multifaceted opportunity.
The size of Summer Hill is approximately 1.2 square kilometres. There are 12 parks, covering nearly 4.6% of the total area. The population of Summer Hill in 2016 was 7311 people. By 2021 the population was 7288 showing a population decline of 0.3% in the area during that time. The predominant age group in Summer Hill is 30-39 years. Households in Summer Hill are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Summer Hill work in a professional occupation.In 2021, 48.70% of the homes in Summer Hill were owner-occupied compared with 45.60% in 2016.
Summer Hill has 4,361 properties. Over the last 5 years, Houses in Summer Hill have seen a 25.49% increase in median value, while Units have seen a 30.69% increase. As at 30 April 2026:
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