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 › Outram St
$950,000
Last sold
8 June 2023
4
Bedrooms
2
Bathrooms
12
Car spaces
1,358 m²
Land
190 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
$950,000
8 June 2023 · derived via latest_sale
Local land rate: recorded House sales in Summerhill (last 5 years) with land size have a median of $749/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
+41.1%
Median sale
Suburb $673,500
-1.19 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
UnknownNearby 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.
Area
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 The Agency Northern TasmaniaThis razor-sharp home oozes appeal from every angle and offers so much more than other suburban homes.
Located on the corner of Havelock Street and Outram Street, this home sits on the fringe of private bushland which creates a totally relaxed feel that can usually only be found out in the country.
This home was only built in 2013 and designed with a strong emphasis on family, natural light and efficiency. It perfectly captures and traps all-day sun, whilst the clever floorplan offers multiple living areas to provide versatility, space, and privacy for every member of the family.
The dual-access block measures 1358sq/m which is between a quarter acre and half acre in the old measure. It's a seamless transition from inside to out and the private secure yard is an entertainer's dream and a gardener's paradise.
The mind boggles at what one could do with the sheer never-ending space in the 160m2 garage. There's high ceilings, remote roller door, 3 phase power, industrial lighting, water and wash trough. It will easily take whatever big toys you might have, could be the ultimate man cave or workshop (or both), and provides the perfect space to run a business from home (STCA).
Additional features include:
Double glazed windows and fully insulated floors, walls and ceiling
24 solar panels and LED lights
Chefs kitchen with Stainless Electrolux appliances including pyrolytic oven, spacious pantry room, soft-close drawers, and breakfast bar
High end fittings and fixtures throughout
Master bedroom with garden views and luxurious ensuite
Charming free-standing wood heater plus multiple Daikin reverse cycle units (air transfer ducts push both heat sources evenly throughout)
Polished Tasmanian Oak floorboards
NBN connected and ready
To complete the package it's just a few minutes' drive into the City Centre, 5 minutes to the Country Club Casino/Golf Course, 2 minutes from the Olde Tudor Shopping Complex, The Duck Reach Walking Track is close by and living here will also land you in the catchment zone for some of Northern Tasmania's most reputable schools.
This home must be seen to be appreciated and our vendors MUST have a contract this month.
Please call Harley for more information today.
Listing description written by Harley Lindsay, The Agency Northern Tasmania — reproduced as published, not verified by Districts.