OFF MARKET

38-40 Balfour Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 132m2
Land area: 618m2
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Property Details for 38-40 Balfour St, Launceston

38-40 Balfour St, Launceston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1977. The property has a land size of 618m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
House
Year Built
1977
Floor Size
132m2
Land Size
618m2
Local Government
Launceston
Lot/Plan
1/91107

Last Listing description (February 2021)

The Owner is open to negotiating the possibility of unfurnishing the property for the right tenant. Please contact our letting team for more information.

CONFIGURATION: This substantial family home comprising of 3 bedrooms, 2 with built-in wardrobes, light and bright living area, updated kitchen with combined dining area, updated bathroom, separate toilet and a sizable laundry with ample storage options.


FEATURES: Large secure garden abundant with fruit trees plus a private paved area to the right of the yard.

HEATING/COOLING: Electric panel heating and floor mounted reverse cycle air conditioner.

PARKING: Off street parking for 2 cars

INCLUSIONS: Fully furnished, Garden/lawn maintenance.

SUBURB PROFILE: A sought after inner city location, a stroll to cafes and restaurants plus the Launceston General Hospital, parks and city conveniences.

WHAT ABOUT PETS: Sorry pets are not suitable at this property.

Property History for 38-40 Balfour St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$657,000
24 Jul 2020
Listed for Rent
$360/w
08 May 2019
  • 24 Jul 2020
    Sold for $657,000
  • 08 May 2019
    Listed for Rent $360 / week
  • 03 Dec 2018
    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 3,719 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 32 properties listed for sale, and 26 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 117 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

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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.