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Sold on 23 Nov 2023 for $400,000

142 Balfour Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 230m2
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Property Details for 142 Balfour St, Launceston

142 Balfour St, Launceston is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 230m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Launceston in the last 12 months.

Building Type
House
Floor Size
83m2
Land Size
230m2
Local Government
Launceston
Lot/Plan
1/222331

Last Listing description (November 2023)

Experience the charm of a circa 1890 character home nestled on the edge of Launceston's CBD, within easy walking distance to Launceston General Hospital. This property is brimming with potential, eagerly awaiting your personal touch through renovation. Positioned on a corner block, this home offers the convenience of dual entry points.

It features original Baltic pine doors that bring in a touch of timeless character and open-plan kitchen/living spaces. There are two bedrooms on the lower level, complete with built-in storage for your convenience and upstairs, a third bedroom or additional living space boasts fabulous city views.

It also offers a private courtyard and an extra off-street parking space, along with the added convenience of a single lock-up garage. This prime location places you with easy access to essential amenities including restaurants, entertainment, supermarkets, schools and all the conveniences of city living. Don't miss this exciting opportunity!

Key Features:
• A circa 1890 character weatherboard home on the edge of Launceston's CBD
• Quiet location and so much potential - just waiting for renovation
• Situated on a corner block with dual entry points
• Open plan kitchen and living space
• Two bedrooms downstairs with built-in storage
• Third bedroom or extra living space upstairs with fabulous city views
• Original Baltic pine doors
• Bluestone foundations and easy access under the house
• Private courtyard with extra off-street parking space
• Single lock up garage
• Located so close to Launceston General Hospital that you can walk
• Close to supermarkets, schools & all city conveniences

Contact Jeremy Wilkinson & Nav Kaur for further information.

Rental estimate: Up to $380 pw (Potential to reach up to $550 pw with renovation)
House size: 83 sqm
Land size: 230 sqm
Built: 1890
Council: Launceston
Zoning: General Residential
Heritage listed: Yes

**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**

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Property History for 142 Balfour St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$400,000
23 Nov 2023
Listed for Rent
$250/w
04 Nov 2011
  • 20 Nov 2023
    Sold for $400,000
  • 30 Oct 2023
    Listed for Sale Best Offer Over $445,000
  • 19 Jul 2011
    Listed for Rent - Price not available
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About 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 3,744 properties. Over the last 5 years, Houses in Launceston have seen a 56.44% increase in median value, while Units have seen a 28.42% increase. As at 31 August 2024:

  • The median value for Houses in Launceston is $743,703 while the median value for Units is $461,437.
  • Houses have a median rent of $493 while Units have a median rent of $430.
There are currently 24 properties listed for sale, and 33 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in Launceston.

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Jeremy Wilkinson
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Nav Kaur
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