OFF MARKET

71A Balfour Street
Launceston TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 413m2
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Last updated 11 Nov 2024
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Property Details for 71a Balfour St, Launceston

71a Balfour St, Launceston is a 2 bedroom, 1 bathroom Unit. The property has a land size of 413m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
Unit
Land Size
413m2
Local Government
Launceston
Lot/Plan
2/177814

Last Listing description (January 2023)

Situated a stone's throw away from the center of Launceston is this very neat, low maintenance, townhouse. The home features 2 bedrooms and 1 bathroom. Within walking distance to local shops, supermarkets, restaurants and the Launceston General Hospital, this home will suit singles or couples.

PROPERTY FEATURES

Kitchen with electrical appliances and fridge included

Walk in pantry off the kitchen or use as a linen closet or extra storage
Lounge with reverse cycle air conditioner
Two good sized bedrooms with wardrobes and panel wall heaters
Bathroom with shower over bath and separate toilet
Laundry located in the bathroom with a washing machine provided
Original polished timber floors and floating floors throughout
Gardens are maintained by a gardener, shared yard
No off street parking available

ABOUT THE AREA

Located within walking distance to local supermarkets, shops and restaurants
Located within walking distance to Launceston General Hospital
Located within close proximity to parks and Schools
Located just minutes drive to Cataract Gorge, but also within walking distance

TERMS OF TENANCY:
Rent: $440 per week
Available: 27/01/2023
Lease Length: 12 month lease
Pet Policy: Pets not suitable for this property
Inspection: Please register for inspections online
Apply: Online Realestate.com

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Property History for 71a Balfour St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$335,000
04 Oct 2019
Listed for Rent
$440/w
09 Jan 2023
  • 22 Dec 2022
    Listed for Rent $440 / week
  • 22 Mar 2022
    Listed for Rent - Price not available
  • 04 Oct 2019
    Sold for $335,000

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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 3,722 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 30 properties listed for rent in Launceston on OnTheHouse. According to CoreLogic's data, 117 properties were sold in the past 12 months in Launceston.

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