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 › Casuarina Dr
$915,000
Last sold
4 Feb 2026
4
Bedrooms
2
Bathrooms
9
Car spaces
1,473 m²
Land
293 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
$915,000
4 Feb 2026 · 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
+35.9%
Median sale
Suburb $673,500
-1.08 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 Harcourts LauncestonThis contemporary family home sits on an expansive 1,473m² block in family friendly Summerhill, offering the perfect blend of modern luxury and family functionality. Quality finishes shine throughout the open-plan living areas, while the stylish kitchen features butler's pantry, premium gas cooktop and excellent storage. The master suite boasts walk-in robe and rainfall shower ensuite, while the main bathroom showcases sleek black fittings and luxurious deep bath. A second living area provides media room or office flexibility, complemented by undercover entertaining and reverse cycle air conditioning.
Triple garaging plus abundant parking caters to caravans, boats and extra vehicles, while the huge backyard backing onto bushlands provides endless space for children and pets. Just 5 minutes to Prospect Vale shops and 10 minutes to Launceston CBD.
Key features:
• Contemporary family home in a quiet, desirable Summerhill pocket
• Expansive 1,473m² block with a huge backyard - ideal for children and pets
• Quiet and tranquil internal block on the edge of bushlands
• Modern open plan living with quality finishes throughout
• Stylish kitchen with butler's pantry, premium appliances including gas cooktop and excellent storage
• Separate second living/media room - could also act as 4th bedroom/office/home gym
• Master suite featuring large walk-in-robe and stylish en-suite with rainfall shower, floating timber vanity and stone basin
• Main bathroom showcases sleek black fittings, deep luxurious bath and double headed rainfall shower
• Undercover outdoor entertaining area for year-round enjoyment
• Reverse cycle air conditioning
• Remote controlled garage with internal access - great for unloading the groceries
• Triple garaging in total plus ample off-street parking for a caravan, boat and extra vehicles
• Close to schools, shops, public transport and everyday amenities
• Just 5 minutes to shops, supermarkets & services in Prospect Vale or Olde Tudor Complex
• Only 10 minutes to Launceston CBD
For expert real estate advice you can trust, talk to Jeremy Wilkinson.
Rental estimate: Up to $800 pw
House Size: 182 sqm
Garage attached: 30 sqm
Shed/double garage: 81 sqm
Land Size: 1473 sqm
Built: 2020
Council: Launceston
Council rates: TBA
Zoning: Low Density Residential
**Harcourts Launceston 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. All measurements are approximate**
Listing description written by Jeremy Wilkinson, Harcourts Launceston — reproduced as published, not verified by Districts.