2/257 Peel Street W, Summerhill, TAS 7250 sold on 27 March 2026 | OnTheHouse
SOLD
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Sold on 27 Mar 2026 for $620,000

2/257 Peel Street W
Summerhill TAS 7250

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 128m2
Land area: 305m2
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Property Details for 2/257 Peel St W, Summerhill

2/257 Peel St W, Summerhill is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 305m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Unit sold in Summerhill in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
128m2
Land Size
305m2

Last Listing description (March 2026)

Positioned in a highly regarded and popular suburb, 2/257 Peel Street West, Summerhill presents a solid brick residence offering comfort, convenience and low-maintenance living in an appealing setting. Privately located as the rear unit with only two on the block, the home provides a quiet and secure environment, making it an excellent first home, a smart investment opportunity or an ideal choice for those looking to downsize without sacrificing space or functionality.

Internally, the home opens to a spacious and well-designed kitchen, dining and living area that forms the heart of the residence. The kitchen is equipped with quality appliances and offers generous bench space along with ample storage, ensuring practicality for everyday living and entertaining alike. Overlooking the dining and living zones, the layout allows for seamless interaction while preparing meals, creating a connected and welcoming atmosphere. The home invite beautiful natural sunlight into the living space, enhancing the warmth of the home and creating a bright and airy feel throughout the day.

Accommodation comprises two generously sized bedrooms, both complete with built-in robes. The master bedroom benefits from its own private ensuite, adding an extra layer of comfort and convenience. The main bathroom is thoughtfully designed with a walk-in shower and a separate toilet, catering well to both residents and guests. Year-round comfort is assured with a reverse cycle air conditioning system, allowing the home to remain comfortable through both the cooler winter months and the warmer summer days.

Outside, the property continues to impress with a low-maintenance yard and easy-care gardens, perfectly suited to those seeking an effortless lifestyle. Whether enjoying a quiet morning coffee or simply appreciating the privacy of the rear position, the outdoor space is manageable while still offering room to relax. A single garage with internal access provides secure parking and added convenience, complemented by an additional off-street parking space.

The location further enhances the appeal, positioned moments from St Patrick's College, a range of primary and secondary schools, local parks, Prospect Marketplace and the Old Tudor complex. A nearby bus route adds ease for commuters, while the property is only a short drive to the Launceston CBD and the Cataract Gorge, ensuring all essential amenities and lifestyle attractions are within easy reach. Combining solid construction, a functional layout and a prime position, this residence offers an outstanding opportunity within one of the area's most desirable pockets.

Year Built: 2019
House Size: 128.46sqm
Land Size: 305sqm
Council Rates: $2,045pa approx
Water Rates: $1,189pa approx
Municipality: Launceston City Council
School Catchments: Summerdale Primary & Prospect High School

Sims for Property 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.

Property History for 2/257 Peel St W, Summerhill, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$620,000
27 Mar 2026
  • 27 Mar 2026
    Sold for $620,000
  • 23 Feb 2026
    Listed for Sale Best Offers Over $550,000
  • 22 Feb 2019
    Sold for $340,000
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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 65.06% increase in median value, while Units have seen a 69.54% increase. As at 30 April 2026:

  • The median value for Houses in Summerhill is $681,787 while the median value for Units is $517,993.
  • Houses have a median rent of $550 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, 59 properties were sold in the past 12 months in Summerhill.

Suburb Insights for Summerhill 7250

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Richard Sims
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Erin O'Grady
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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.