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Investment Property Summerhill, TAS, 7250

Suburb Snapshot

Summerhill is a suburb in the Launceston Region of Tasmania. Summerhill has a population of 3,130 people and 25.27% of its occupants live in rental accommodation. The median listing price for houses is $540,000 and this has changed 1.88% over the past year and changed 15.13% over 2 years.

The median rent in Summerhill for houses is $460 per week and the median rental yield is 4.42%. Stock on the market for houses/townhouses has changed -52.38% compared to last year and the average time to sell a house/townhouse is 77 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Summerhill is $385 per week, producing a rental yield of NA.

Supply & Demand in Summerhill, Launceston

0.48%

Current vacancy rate


7

Rental stock available


3,130

Population


25.27%

Rental population


0.98%

Current vacancy rate


313

Rental stock available


65,275

Population


30.07%

Rental population


0.71%

Current vacancy rate


1,941

Rental stock available


509,956

Population


23.11%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Summerhill, Launceston

  House Townhouses Units
Median listing price $540,000 NA NA
Median price change - last quarter 0.93% NA NA
Median price change - 1 year 1.88% NA NA
Median price change - 2 years 15.13% NA NA
  House Townhouses Units
Median weekly rent $460 NA $385
Median yield % 4.42% NA NA
Median rent change - 1 year 2.22% NA NA
  House Units
Previous month sales 0 0
Stock on market previous month 10 1
Stock variance vs. last year -52.38% 100.00%
Average days on market 77 NA

Summerhill investment property listings

Showing 5 of 13 investment properties found in Summerhill on realestateinvestar.com.au

18 Luke Ct, Summerhill

$625,000

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Fantastic family home with private outdoor entertaining spaces

Welcome to your new family home in the heart of Summerhill! This stunning 4-bedroom residence offers the perfect blend of comfort, convenience, and privacy. Step inside to discover a home designed for family living. The spacious master bedroom boasts a handy ensuite and a walk-in robe, while three ...

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TAS 7250


33 Summerdale Gr, Summerhill

$565,000

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Quietly Tucked Away And So Convenient!

With beautiful street appeal this brick home is conveniently located on this leafy and quiet street with most facilities and amenities close by. Situated on a large flat block the rear yard is secure perfect for young children and pets - and includes a garage with automatic roller door, a carport, ...

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TAS 7250


6 Pamela Ct, Summerhill

$545,000

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Easy living in Summerhill - Offers Closing Thursday 25th April a

A classic, solid home, now infused with stylish contemporary elements, presents a prime opportunity to embrace the coveted lifestyle of Summerhill, while also boasting established investment potential in a location poised for continued growth. The updated floor plan, nestled within an inviting ...

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TAS 7250


11 Lavender Grove, Summerhill

$549,000

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Summerhill Gem: 3-Bedroom Home with Spacious Garage

Nestled in the highly coveted suburb of Summerhill, 11 Lavender Grove offers an exceptional opportunity for families, investors, and first-time homebuyers alike. This immaculate three-bedroom house exudes charm with its lovely street appeal and low-maintenance brick exterior. As you step inside, ...

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TAS 7250


5 Essendon St, Summerhill

$520,000

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Perfect Summerhill Family Living

Jesthony and the Ray White team proudly present to you 5 Essendon street Summerhill. An ideal four bedroom home for a first home buyer or a growing family. Located only a few minutes walk from Summerdale primary school, parks, a popular café and Summerdale medical centre. Positioned in a ...

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TAS 7250


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