1/240 Peel Street W, Summerhill, TAS 7250 | Property Value & History | OnTheHouse
 
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1/240 Peel Street W
Summerhill TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 92m2
Land area: 264m2
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Last updated 1 Dec 2025
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Property Details for 1/240 Peel St W, Summerhill

1/240 Peel St W, Summerhill is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 264m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
2003
Floor Size
92m2
Land Size
264m2
Local Government
Launceston
Lot/Plan
1/141708

Last Listing description (December 2021)

Situated in a very convenient location on a level block, this modern 2 bedroom villa unit is the perfect downsizer, 1st home or investment property.

The floor plan offers spacious open plan living with a well appointed kitchen, built ins in both bedrooms, shower and bath in the bathroom, separate laundry and auto single garage with internal access.

Outdoor living and entertaining is well catered for with a private roofed courtyard flowing from the rear of the villa and an attractive landscaped front garden.

This attractive property has been well maintained and is very low maintenance inside and out, just move in and enjoy a relaxed lifestyle.

Being offered with vacant possession, move quickly on this one and you could be in your new home for Christmas!

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Property History for 1/240 Peel St W, Summerhill, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$489,000
18 Nov 2021
  • 18 Nov 2021
    Sold for $489,000
  • 11 Nov 2021
    Listed for Sale Best Offer Over $410,000
  • 29 Apr 2010
    Sold for $260,000
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About Summerhill 7250

The size of Summerhill is approximately 2.3 square kilometres. It has 10 parks covering nearly 10.9% of total area. The population of Summerhill in 2016 was 3135 people. By 2021 the population was 3139 showing a population growth of 0.1% in the area during that time. The predominant age group in Summerhill is 30-39 years. Households in Summerhill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Summerhill work in a community and personal service occupation.In 2021, 71.50% of the homes in Summerhill were owner-occupied compared with 69.60% in 2016.

Summerhill has 1,479 properties. Over the last 5 years, Houses in Summerhill have seen a 64.02% increase in median value, while Units have seen a 57.51% increase. As at 30 November 2025:

  • The median value for Houses in Summerhill is $583,803 while the median value for Units is $434,423.
  • Houses have a median rent of $510 while Units have a median rent of $440.
There are currently 5 properties listed for sale, and 1 property listed for rent in Summerhill on OnTheHouse. According to Cotality's data, 53 properties were sold in the past 12 months in Summerhill.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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