Thinking about buying in Summer Hill? Now could not be a better time, with just 71 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $796,000 with prices in this suburb ranging from $740,000 to $1,322,000. The aproximate distance to the coast is 40 Km.
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In Summer Hill there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Summer Hill is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Summer Hill changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Summer Hill the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
UNIT 3, 139A SMITH ST, SUMMER HILL, NSW, 2130 | 2 | 1 | 1 | For Sale - $650,000 to $715,000 | |
UNIT 11, 20 GOWER ST, SUMMER HILL, NSW, 2130 | 2 | 1 | For Sale $699,000 | ||
UNIT 2, 14A HENSON ST, SUMMER HILL, NSW, 2130 | 2 | 1 | For Sale - Price… | ||
UNIT 23, 151B SMITH ST, SUMMER HILL, NSW, 2130 | 2 | 1 | $520,000 |
Gresford Public School
(While the above schools are located with the suburb of Summer Hill there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.0 | 18.9 | 30.1 | 48.1 | 93.6 | 4.6 | 24.5 |
Feb | 3.3 | 18.6 | 28.3 | 52.7 | 94.5 | 4.2 | 20.7 |
Mar | 5.1 | 17.4 | 26.8 | 54.2 | 95 | 4.1 | 16.6 |
Apr | 4.4 | 13.7 | 24.5 | 51.6 | 95.8 | 3.6 | 14.4 |
May | 2.6 | 10.0 | 21.0 | 49.3 | 93.8 | 4.0 | 11.3 |
Jun | 4.8 | 8.7 | 18.2 | 54.4 | 94.2 | 4.3 | 9.5 |
Jul | 2.3 | 6.8 | 18.3 | 46.1 | 91.9 | 4.5 | 10.8 |
Aug | 1.8 | 6.8 | 19.8 | 38.5 | 91.6 | 4.5 | 13.7 |
Sept | 2.0 | 9.4 | 23.0 | 37.0 | 92.5 | 4.3 | 18.2 |
Oct | 2.4 | 12.2 | 24.8 | 41.5 | 93.0 | 4.4 | 21.3 |
Nov | 2.5 | 15.5 | 26.9 | 46.8 | 93.7 | 4.4 | 24 |
Dec | 2.5 | 17.3 | 28.2 | 47.8 | 93.3 | 4.6 | 24.8 |
source: Australian Government Bureau of Meteorology
10-11-2022 | $1,350,000 | 633 SUMMER HILL RD |
27-09-2021 | $1,100,000 | 1294 SUMMER HILL RD |
31-03-2021 | $1,400,000 | 943 SUMMER HILL RD |
02-07-2020 | $1,325,000 | 1351 SUMMER HILL RD |
31-05-2019 | $640,000 | 39 POUND CROSSING RD |
27-05-2019 | $1,189,000 | 1049 SUMMER HILL RD |
21-06-2018 | $1,350,000 | 1292 SUMMER HILL RD |
18-12-2017 | $950,000 | 843 SUMMER HILL RD |
29-03-2017 | $920,000 | 910 SUMMER HILL RD |
01-09-2015 | $700,000 | 1005 SUMMER HILL RD |
12-06-2014 | $550,000 | 39 POUND CROSSING RD |
13-08-2013 | $950,000 | 1367 SUMMER HILL RD |
15-04-2013 | $465,000 | 46 POUND CROSSING RD |
18-04-2012 | $585,000 | 1000 SUMMER HILL RD |
20-01-2012 | $630,000 | 2529 GLENDONBROOK RD |
21-10-2011 | $525,000 | 1395 SUMMER HILL RD |
22-12-2010 | $635,000 | 1986 GLENDONBROOK RD |
01-11-2010 | $435,000 | 1367 SUMMER HILL RD |
28-04-2010 | $150,000 | 986 SUMMER HILL RD |
02-02-2010 | $475,000 | 1441 SUMMER HILL RD |
27-10-2006 | $190,000 | 986 SUMMER HILL RD |
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