2/147 Peel Street W, Summerhill, TAS 7250 sold on 15 October 2025 | OnTheHouse
SOLD
Sold on 15 Oct 2025 for $475,000

2/147 Peel Street W
Summerhill TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Property Details for 2/147 Peel St W, Summerhill

2/147 Peel St W, Summerhill is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1987. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Unit sold in Summerhill in the last 12 months.

Building Type
Unit
Year Built
1987
Local Government
Launceston
Lot/Plan
2/57464

Last Listing description (May 2024)

Solid Summerhill Unit

Currently rented out to a long-term tenant, this solid unit has a good history of returns with minimal vacancy.

A generous unit with excellent floor plan featuring large living and master bedroom, separate shower bath and separate toilet. Updated heating/cooling with plenty of storage throughout - this unit is a great investment opportunity whilst appealing to downsizers and first home buyers alike. This low maintenance brick home has a convenient lifestyle on offer with fully fenced yard and lockup garage with internal access.

Located in popular Summerhill within walking distance to local primary school, pharmacy, Summerdale Medical Centre with local eateries, cafes and Woolworths a short drive away. The CBD is also a direct 5-minute drive.

- Solid low maintenance brick unit
- Fully fenced back yard
- Update heating/cooling
- Good history of returns
- Lockup garage with internal access

Water Rates: $277 per quarter approx.
Rates: $1622 per annum approx.
Building size: 100m2 approx.
Land size: 341m2 approx.
Year built: 1987

Currently rented at $390 per week

*** There is 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. ***

Property History for 2/147 Peel St W, Summerhill, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$475,000
15 Oct 2025
  • 08 May 2024
    Sold for $410,000
  • 17 Apr 2024
    Listed for Sale $390,000 - $430,000
  • 07 Dec 2023
    Listed for Sale $390,000 - $430,000
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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 4 properties listed for sale, and 1 property listed for rent in Summerhill on OnTheHouse. According to Cotality's data, 55 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.