161 Peel Street W, Summerhill, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

161 Peel Street W
Summerhill TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 625m2
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Property Details for 161 Peel St W, Summerhill

161 Peel St W, Summerhill is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 625m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in March 2025.

Building Type
House
Year Built
1990
Floor Size
101m2
Land Size
625m2
Local Government
Launceston
Lot/Plan
19/28346

Last Listing description (April 2025)

Are you looking for a low maintenance home but don't want to share title or live in a unit? Then this lovely property at 161 Peel Street West, in Summerhill could just be the one for you. Set on a flat landscape, this brick home is ideal for downsizers, first or second home buyers, retirees or investors. Surrounded by an established, landscaped garden, this home has a gorgeous feel and set back from the road, is private and quiet. Spacious open plan living and dining space, two large bedrooms with built-in wardrobes and electric security shutters, insulated, separate toilet and laundry, sun-room, lock-up garage with second toilet and ample off street parking. Walking distance to public transport, Summerdale Primary School and a cafe in Stanley Street. Just minutes from the Prospect shopping complex with supermarket and all amenities and just 9 minutes from Launceston's CBD and the Launceston General Hospital.

Built: 1990
Land Size: 625m2

Building Size: 102m2
Council Rates: Approx. $1300 per year
Water Rates: Approx. $1000 per year

**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**

Property History for 161 Peel St W, Summerhill, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$480,000
06 Mar 2025
  • 06 Mar 2025
    Sold for $480,000
  • 18 Feb 2025
    Listed for Sale Offers Over $495,000
  • 13 Oct 2005
    Sold for $215,000
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About Summerhill 7250

The size of Summerhill is approximately 2.3 square kilometres. There are 10 parks, covering nearly 10.9% of the 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 1,483 properties. Over the last 5 years, Houses in Summerhill have seen a 62.10% increase in median value, while Units have seen a 60.21% increase. As at 31 May 2026:

  • The median value for Houses in Summerhill is $698,270 while the median value for Units is $510,239.
  • Houses have a median rent of $560 while Units have a median rent of $455.
There are currently 1 property listed for sale, and 2 properties listed for rent in Summerhill on OnTheHouse. According to Cotality's data, 58 properties were sold in the past 12 months in Summerhill.

Suburb Insights for Summerhill 7250

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Cotality Copyright and Legal Disclaimers about Property Data
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.