OFF MARKET

54 Balfour Street
Launceston TAS 7250

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 95m2
Land area: 159m2
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Property Details for 54 Balfour St, Launceston

54 Balfour St, Launceston is a 2 bedroom, 2 bathroom House and was built in 1900. The property has a land size of 159m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
House
Year Built
1900
Floor Size
95m2
Land Size
159m2
Local Government
Launceston
Lot/Plan
1/227652

Last Listing description (November 2024)

Boasting an exclusive inner-city position this charming character residence offers an instant lifestyle appeal.

Pre-eminently positioned on Balfour Street this residence offers immediate proximity to all amenities including The Charles Street Caf? Strip, the Launceston General Hospital, leading local restaurants, and the Launceston CBD.

Retaining its charming, cottage-style appeal, this residence has been tastefully updated with modern conveniences while preserving its timeless allure. Original, now decorative, fireplaces, lead-light windows, and timber all harmonise with contemporary style to deliver a warm and inviting ambiance.

The lower level of the home offers two living areas, a gallery-style kitchen, a generous bathroom with a clawfoot bath, and an allocated dining area.

Bi-fold glass doors extend the dining area out onto a private, north-facing courtyard providing seamless indoor/outdoor living.

Comfortable accommodation comprises of two good size bedrooms, located on the upper level. These bedrooms are serviced by a generous, brand new bathroom.

The grounds are fully fenced for the safety of children and pets, and there is a garden shed on hand for the ease of outdoor care and storage.

Ideal for low maintenance inner city living, a lock up and leave town base or the perfect investment opportunity with AirBnB approval.

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**

Property History for 54 Balfour St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$360,900
27 Feb 2018
Listed for Rent
$500/w
15 Dec 2022
  • 25 Oct 2024
    Listed for Sale Offers Over $675k
  • 27 Oct 2022
    Listed for Rent $500 / week
  • 06 Oct 2021
    Listed for Rent $500 / week
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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, 120 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.