51 Balfour StreetLaunceston TAS 7250
Property Details for 51 Balfour St, Launceston
51 Balfour St, Launceston is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1890. The property has a land size of 351m2 and floor size of 245m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (February 2009)
LAUNCESTON
AN OUTSTANDING INVESTMENT OPPORTUNITY!! THIS PROPERTY IS LOCATED IN ONE OF LAUNCESTONS MOST SOUGHT AFTER AREAS AND HAS A SHOP FRONT WITH KITCHENETTE, UPSTAIRS APARTMENT AND AMPLE OFF STREET PARKING. ZONED URBAN RESIDENTIAL AND SET ON A GENEROUS SIZED INNER CITY LOT, THIS PROPERTY IS BEGGING FOR RENOVATION AND FURTHER DEVELOPMENT. DONT MISS THE OPPORTUNITY TO INSPECT THIS PROPERTY PRIOR TO TENDERS CLOSING AT 5PM ON THE 21ST NOVEMBER 2008. PHONE KATE TO ARRANGE A TIME. PH.0404 710 296
Property History for 51 Balfour St, Launceston, TAS 7250
- 27 Oct 2021Sold for $875,000
- 06 Jun 2012Listed for Rent $500 / week
- 11 Jun 2011Listed 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 3,721 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.
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