Summerhill at a glance
3,090
People
$673,500
Median sale
$528/wk
Median rent
4.08%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
TAS › Summerhill › Michael St
$565,000
Last sold
11 June 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
698 m²
Land
127 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$565,000
11 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Summerhill (last 5 years) with land size have a median of $743/m² of land (n=91). Districts calculation from recorded sales — not a valuation.
Summerhill at a glance
3,090
People
$673,500
Median sale
$528/wk
Median rent
4.08%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Summerhill
-16.1%
Median sale
Suburb $673,500
+0.78 pp
Gross yield
Suburb 4.08%
Suburb median $673,500 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $528/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Summerhill at a glance
3,090
People
$673,500
Median sale
$528/wk
Median rent
4.08%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Sims for PropertyDiscover the perfect blend of modern living and convenience at 12 Michael Street, Summerhill. This solid brick home has undergone tasteful updates throughout, creating a welcoming home that suits a variety of buyers, including those stepping into homeownership for the first time.
Upon entry, you're greeted by a well-designed floorplan that effortlessly connects the living spaces. The open-plan living and kitchen area is bathed in natural light, providing a bright and airy atmosphere for daily living and entertaining. The kitchen is a focal point, offering ample storage, generous bench space, and quality appliances, making meal preparation a pleasure.
The home boasts three spacious bedrooms, with the master featuring a walk-in robe and a stylish ensuite. The remaining bedrooms include built-in robes and share a central bathroom featuring a free-standing bath, separate shower and toilet, ensuring comfort and convenience for all occupants. Throughout the home, ducted heating and cooling maintain a comfortable climate year-round.
A separate laundry with good storage and direct outdoor access adds to the home's practicality. Outside, the property shines with a spacious outdoor entertaining deck, ideal for hosting gatherings or simply relaxing outdoors. The fully fenced rear yard provides security for children and pets, while the low-maintenance gardens make upkeep a breeze.
Parking is made convenient with the presence of a garage that boasts ample storage and workshop space. Positioned on a corner block, this property offers not just one, but two access points into the premises, facilitating additional secure parking for cars, caravans, or boats, thus catering comprehensively to all your storage needs.
Location-wise, this property ticks all the boxes. Situated just moments away from local schools, the Old Tudor complex, Prospect Market Place, and the local bus route, residents will enjoy easy access to essential amenities. Plus, with the Launceston CBD only a short drive away, you're never far from dining, shopping, and entertainment options.
Don't miss out on the opportunity to make 12 Michael Street your new home. Contact us today to arrange a viewing and experience modern comfort in a prime Summerhill location.
- Freshly painted;
- Corner block with two access points;
- Bright and sunny throughout;
- Open plan living and kitchen area;
- Fully fenced rear yard.
Year Built: 1969
House Size: 127sqm
Land Size: 698sqm
Municipality: Launceston City Council
School Catchments: Summerale Primary & Prospect High School
Zoning: General Residential
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.
Listing description written by Richard Sims, Sims for Property — reproduced as published, not verified by Districts.
Nearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.