111 Balfour StreetLaunceston TAS 7250
Property Details for 111 Balfour St, Launceston
111 Balfour St, Launceston is a 3 bedroom, 1 bathroom House and was built in 1920. The property has a land size of 577m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
Last Listing description (April 2022)
This lovely old lady is beautifully positioned in one of the more popular areas of central Launceston. For those wanting to renovate and reside in an easily accessible area close to the CBD, the property is situated on a corner block, with excellent access from both streets and has a North facing aspect.
In original condition, complete with mantles, skirting boards, architraves and ceiling roses, the only exception being the internal doors. As well as having the roof & spouting attended to recently the home is fitted with solar panels.
With development active in the area the property may lend itself to something more than a renovation.... Definitely an interesting home with most of its original features still intact.
Full of character with original features
585m corner block with access from both streets
Close to schools shops & transport
Great period renovator
Possible development site
Property History for 111 Balfour St, Launceston, TAS 7250
- 17 Jan 2022Sold for $625,000
- 22 Dec 2021Listed for Sale Expressions of interest
- 25 Feb 1986Sold for $32,000
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0About Launceston 7250
The size of Launceston is approximately 4.5 square kilometres. It has 13 parks covering nearly 16.4% of total area. The population of Launceston in 2011 was 2,897 people. By 2016 the population was 2,929 showing a population growth of 1.1% in the area during that time. The predominant age group in Launceston is 20-29 years. Households in Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Launceston work in a professional occupation. In 2011, 47% of the homes in Launceston were owner-occupied compared with 48.2% in 2016.
Launceston has 3,722 properties. Over the last 5 years, Houses in Launceston have seen a 53.73% increase in median value, while Units have seen a 42.25% increase. As at 31 October 2024:
- The median value for Houses in Launceston is $734,272 while the median value for Units is $497,284.
- Houses have a median rent of $480 while Units have a median rent of $430.
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