OFF MARKET

5/20 Balfour Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 160m2
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Property Details for 5/20 Balfour St, Launceston

5/20 Balfour St, Launceston is a 3 bedroom, 2 bathroom House and was built in 2022. The property has a land size of 160m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
2022
Land Size
160m2
Local Government
Launceston

Last Listing description (July 2023)

- Brand new and ready to move into, a rare find to secure a home of this calibre
- Tucked away behind automatic gates and intercom system, privacy assured
- A low maintenance lifestyle, or city base within minutes to the Launceston city

- Soaring views of the Tamar Valley, CBD and the Cataract Gorge
- Easy accessibility through lift access from the garage to the first floor
- Open plan lounge and dining room connect to the undercover alfresco area
- Beautiful kitchen, granite breakfast bar, Smeg appliances and walk in pantry
- Master suite features large walk in robe, double vanity, large walk in shower
- Ducted zoned MyAir heating and cooling system throughout the home
- Built in wardrobes in all bedrooms, 3rd bedroom with access to patio
- Oversized double garage, plenty of storage including wine cellar
- Easy walk to the Charles St cafe precinct, Launceston General Hospital & CBD

Property History for 5/20 Balfour St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$1,050,000
19 Apr 2023
  • 22 Jun 2023
    Listed for Sale Not Disclosed
  • 19 Apr 2023
    Sold for $1,050,000
  • 21 Mar 2023
    Listed for Sale $1.095M - $1.195M

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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 3,720 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, 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.