SOLD
Sold on 08 Jan 2024 for $980,000

73 Balfour Street
Launceston TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 185m2
Land area: 629m2
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Key 2 Property
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Property Details for 73 Balfour St, Launceston

73 Balfour St, Launceston is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 629m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom House sold in Launceston in the last 12 months.

Building Type
House
Year Built
1910
Floor Size
185m2
Land Size
629m2
Local Government
Launceston
Lot/Plan
1/124416

Last Listing description (January 2024)

Discover the perfect blend of classic charm and contemporary living at 73 Balfour Street, Launceston. This stunning four-bedroom, two-bathroom character cottage has been expertly renovated with modern families and discerning investors in mind.

Step inside to appreciate the stylish full renovation, showcasing a brand-new kitchen and bathrooms complete with quality fixtures and fittings. The modern colour palette complements a mix of timber flooring, polished concrete and tiles, providing both functionality and easy care.

The open plan living area is enhanced by sliding doors leading to an alfresco entertaining space – ideal for wining and dining with friends. The property is conveniently located in the heart of Launceston CBD, within walking distance to the LGH, Charles Street Cafes/Takeaways, supermarkets and other amenities.

Offering off-street parking for multiple cars, a garage, and a private backyard, this home has it all. Additional features include reverse cycle air conditioning, a luxurious master bedroom with ensuite and walk-in robe, solar hot water, full insulation, and double-glazed windows in the extension and reworked rooms.

Retaining its character charm with old-style windows in the cottage bedrooms, this property has been updated with all new services, including plumbing, drainage, rewiring, and replastering. The flexible layout offers a second separate living area or a fourth bedroom, while the state-of-the-art kitchen is equipped with quality appliances.

Four generously-sized bedrooms and a beautiful main bathroom with a separate toilet ensure comfortable living, while the drive-in garage provides internal access to the living area. Enjoy a low-maintenance lifestyle with plenty of storage and easy-to-maintain front and rear yards.

Council rates: $722 p/q approx.
Water rates: $291 p/q approx.
Land size: 658m2 approx.
House size: 218m2
Year built: 1910
Rental estimate: $700 per week approx.

Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 73 Balfour St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$980,000
08 Jan 2024
Listed for Rent
$700/w
11 Mar 2023
  • 08 Jan 2024
    Sold for $980,000
  • 04 Nov 2023
    Listed for Sale Not Disclosed
  • 21 Aug 2023
    Listed for Sale Not Disclosed
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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.