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 › Maria Ave
$750,000
Last sold
10 Jan 2025
4
Bedrooms
3
Bathrooms
2
Car spaces
501 m²
Land
330 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$750,000
10 Jan 2025 · 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
+11.4%
Median sale
Suburb $673,500
-0.42 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 Sims for PropertyNestled in a quiet and private area of Summerhill, down an internal driveway, 3a Maria Avenue offers the perfect blend of modern living and convenience. This expansive 4-bedroom, 3-bathroom home is ideal for those seeking a low-maintenance lifestyle with the ability to lock up and leave at a moment's notice.
Spanning two levels, the home's upper floor boasts an expansive open-plan living space filled with natural light, complemented by elegant timber flooring. The kitchen features an abundance of bench and cupboard space, along with high-quality appliances, making it a chef's dream. Flowing seamlessly from the kitchen is the dining and living area, which opens directly onto an undercover alfresco space-perfect for outdoor entertaining.
The upper level also accommodates three well-sized bedrooms. The master suite is a standout, with a spacious walk-in robe and a stylish ensuite. The remaining two bedrooms, each equipped with built-in robes, are serviced by a centrally located modern bathroom that features a luxurious freestanding bath, separate shower, and toilet.
On the lower level, a versatile fourth bedroom or rumpus room awaits, complete with its own bathroom, making it an ideal guest room or teenager's retreat.
Outdoors, the North-West facing, multi-level deck is perfect for BBQs and entertaining. The yard has been thoughtfully designed for minimal upkeep, featuring artificial turf, white rocks, and easy-care plants. The separate zones in the yard ensure there's space for both pets and play areas, catering to a variety of lifestyles.
Practicality is further enhanced by a double garage with internal access and abundant under-house storage, easily accessible from two points. The home is kept secure with electric gates, offering peace of mind for the whole family.
Tucked away in a low-traffic area, this residence is just minutes from parks, schools, cafés, and shopping amenities, including the Old Tudor complex and Prospect Vale Marketplace. With all your daily needs within a five-minute drive, this home offers the ultimate in convenience and lifestyle.
• Modern 4-bedroom, 3-bathroom home;
• Low-maintenance, lock-up-and-leave living;
• Open-plan living with timber floors and natural light;
• Lower-level 4th bedroom/rumpus with bathroom;
• Double garage, under-house storage, and electric gates.
Year Built: 2019
House Size: 330sqm
Land Size: 501sqm
Council Rates: $2,612pa approx
Water Rates: $1,000pa approx
Municipality: Launceston City Council
School Catchments: Prospect High School & Summerdale Primary 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.