SOLD
Sold on 16 Aug 2024 for $920,000

4/116-118 Balfour Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 185m2
Land area: 317m2
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Bushby Creese Launceston
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Property Details for 4/116-118 Balfour St, Launceston

4/116-118 Balfour St, Launceston is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 317m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Unit sold in Launceston in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
185m2
Land Size
317m2
Local Government
Launceston
Lot/Plan
4/147748

Last Listing description (September 2024)

Peacefully nestled within a quiet, gated community this immaculate residence offers a low-maintenance lifestyle right on the doorstep of the CBD.

A high-walled entrance, intercom and automatic gates provide an exceptional prelude to this well-kept home.

Located at the heart of the home, the open plan kitchen and dining domain enjoy warm natural light from the optimal North/East orientation. Glass doors extend the living zone out to a private, leafy green courtyard featuring a shade awning creating the perfect backdrop for entertaining and relaxing all year round. The kitchen caters to every occasion in style offering an array of storage, a scullery, and a waterfall island bench with extra seating options. The generous lounge area is flooded with natural light and accommodates for a second meals area if desired. Comprising of three bedrooms, the luxurious master suite offers a palatial walk-in robe and ensuite with a bath and the remaining two bedrooms are well appointed and are serviced by a central family bathroom.

Designed with functionality in mind this residence offers a powder room on the ground floor, a separate laundry as well as a substantial double-car garage with ample extra storage space and internal access.

Ideally located a short walk to the Charles Street Cafe strip, local favourite restaurants, The Cataract Gorge, Launceston General Hospital, multiple parklands, and Launceston CBD.

If you would like more information or to inspect this property please get in contact with us today.

**Bushby Creese 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 4/116-118 Balfour St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$920,000
16 Aug 2024
  • 16 Aug 2024
    Sold for $920,000
  • 29 Feb 2024
    Listed for Sale Not Disclosed
  • 30 Nov 2007
    Sold for $180,000

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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 3,747 properties. Over the last 5 years, Houses in Launceston have seen a 60.75% increase in median value, while Units have seen a 43.01% increase. As at 30 November 2024:

  • The median value for Houses in Launceston is $744,553 while the median value for Units is $514,998.
  • Houses have a median rent of $470 while Units have a median rent of $430.
There are currently 28 properties listed for sale, and 25 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 109 properties were sold in the past 12 months in Launceston.

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