OFF MARKET

28 Balfour Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 109m2
Land area: 268m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 28 Balfour St, Launceston

28 Balfour St, Launceston is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 268m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1900
Floor Size
109m2
Land Size
268m2
Local Government
Launceston
Lot/Plan
2/138675

Last Listing description (October 2023)

(Potential high grossing Air BNB - get in touch for rental and short term stay appraisal)

Nestled within the captivating charm of its weatherboard exterior, this character cottage exudes sophistication. Its picturesque setting boasts a low maintenance block, allowing for a carefree lifestyle. Perched in an elevated position, the home basks in an abundance of sunlight, creating a warm and inviting ambiance throughout.

Boasting a coveted location in close proximity to the esteemed Charles St Caf?, Launceston General Hospital, and all that Launceston has to offer, this cottage is perfectly situated. Its convenient placement allows for easy access to the vibrant CBD and the hospital, making it an ideal choice for both owner-occupiers and savvy investors seeking a short or long-term rental opportunity.

Upon entering, one is immediately greeted by two double bedrooms adorned with exquisite pressed tin walls, adding a touch of elegance to the space. Additionally, a third bedroom situated at the rear of the home provides a versatile retreat for personal or professional use.

The open plan lounge room seamlessly connects to the dining area, creating a fluid and cohesive living space. This area effortlessly flows into the well-appointed kitchen, complete with modern conveniences and a convenient heat pump, ensuring comfort year-round.

Additional highlights of this remarkable cottage include a meticulously maintained bathroom, as well as a laundry boasting plumbing provisions for a second toilet. A true asset to this property is the off-street parking available for one vehicle, offering convenience and peace of mind. Lastly, a small but charming garden provides a tranquil oasis with captivating views overlooking the cityscape.

Encompassing both style and functionality, this character cottage epitomizes sophistication. Embrace the unique opportunity to call this exceptional property home, as it seamlessly blends the allure of a bygone era with modern comforts.

Property History for 28 Balfour St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$535,000
07 Aug 2023
Listed for Rent
$300/w
10 Apr 2017
  • 07 Aug 2023
    Sold for $535,000
  • 18 Jul 2023
    Listed for Sale $535k - $585k
  • 13 Mar 2019
    Sold for $345,000
Sign in to see more transactions

Commute Calculator

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 3,720 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.
There are currently 31 properties listed for sale, and 28 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 120 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

Market Insights
Launceston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Launceston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.