RateMyAgentGo to search
Back 295 Peel Street West
Off Market

295 Peel Street West

Summerhill TAS 7250

3
1
2
120 m²
990 m²
House
Last sold for $510,000
Lochie ReidLochie Reid, last sold this property on 19 June 2024 after 41 days on market.

Overview

The Perfect Project

Offering upside through both renovation and development (STCA), 295 Peel Street W provides an excellent opportunity for those looking for a versatile project. Offered to market for the first time in many decades, frontage from Peel Street West, but with potential access too from Castleford Court and its generously sized allotment provides great scope, whilst the currently dated interior of the existing dwelling provides further opportunity to add value. Whilst value in developing and upside through renovations is clear, the entry level price expectations also provides opportunity for first home buyers to secure a well located property with scope for realising its true value down the track. Comprising three spacious bedrooms, each has built-in storage. The separate and generously proportioned living space looks out to the covered front porch which enjoys all day sun. The kitchen, whilst dated, offers plentiful storage space and views to the rear gardens. The dining area conveniently adjoins the living space. The bathroom with separate toilet is both particularly spacious and functional, the separate laundry offers adjoining access to the rear yard via the covered mud-room. The existing large shed provides great storage space, wide driveway access also provides further space and potential in the rear yard. A well located property with so much upside, a corner block comprising approximately 990m2, with general residential zoning and a solid brick home yearning for cosmetic upgrades is rarely found. Positioned on the outskirts of Summerhill, within three minutes walk to St Patrick's College, a short walk to the Prospect Vale Marketplace, Olde Tudor Complex and Prospect High School, and less than ten minutes drive to the Launceston CBD. Contact Lochie today to register your interest.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
120 m² floor area
990 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Summerhill over the last 12 months, the estimated median property value of 295 Peel Street West is $625k.

Median value
$625k
Estimated value range
$555k - $740.5k
Median days on market
13
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Summerhill. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 295 Peel Street West

2024
Rented
Undisclosed
Leased on 28 Jul 2024 by Living Here Launceston
2024
Sold
$510,000
19 Jun 2024 by Lochie Reid, of Living Here Launceston

Happy sellers in Summerhill

92%
92% of sellers in Summerhill reported that their sale price either exceeded or met their price expectations.

Summerhill stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in Summerhill over the last 12 months.

Local market activity for 3 bedroom houses in Summerhill

In the last 12 months, 21 three-bedroom houses similar to 295 Peel Street West, have been sold.

This represents a 45% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Summerhill

placeholder
Jarrah Burns

Sellers who recommend Jarrah Burns have praised them for being clear communication, local expert, responsive, honest, friendly, reliable and supportive

  •   4.9   (730 reviews)
  •  7 Reviews in Summerhill
  •  3 Sales in Summerhill
View profile
placeholder
Luke French

Sellers who recommend Luke French have praised them for being clear communication, local expert, great negotiation, honest, dedicated, reliable and friendly

  •   5   (158 reviews)
  •  4 Reviews in Summerhill
  •  2 Sales in Summerhill
View profile
placeholder
Lochie Rooney

Lochie Rooney is a recommended agent for Summerhill.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (109 reviews)
  •  2 Reviews in Summerhill
  •  3 Sales in Summerhill
View profile
placeholder
Michael Dearsley

Sellers who recommend Michael Dearsley have praised them for being clear communication, local expert, responsive, friendly, supportive, well-prepared and reliable

  •   5   (353 reviews)
  •  1 Review in Summerhill
  •  2 Sales in Summerhill
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap