SOLD
Sold on 29 Jan 2024 for $800,000

77 Balfour Street
Launceston TAS 7250

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 139m2
Land area: 653m2
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Bushby Creese Launceston
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Property Details for 77 Balfour St, Launceston

77 Balfour St, Launceston is a 4 bedroom, 1 bathroom House and was built in 1910. The property has a land size of 653m2 and floor size of 139m2. 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
139m2
Land Size
653m2
Local Government
Launceston
Lot/Plan
1/46388

Last Listing description (August 2024)

Standing proudly with an elevated and striking facade, this charming single-level residence offers inner-city living with an instant lifestyle appeal.

Ideally situated within a leafy streetscape surrounded by quality residences. Located a short walk to Charles Street cafe strip, local favourite restaurants, the Launceston General Hospital, multiple parklands, and the CBD.

On entry, you are greeted with a wide entrance hall, high ceilings, and retained character features.

Comprising of four generous bedrooms, the master with ample storage and views. The updated kitchen is complimented by the Eastern morning sun and connects through to the well-appointed dining room. The substantial living domain features a reverse cycle system and cosy wood fire heater.

Set on a 652sqm allotment externally the home continues to impress featuring ample off-street parking, a substantial carport/storage shed, a paved outdoor entertaining area, and a grass yard.

Well maintained throughout this home is comfortable in its current condition with ample opportunity to add value and your own taste if desired.

Offering a versatile single-level floor plan and located within walking distance of all amenities, this home will suit a large demographic of buyers including savvy investors looking for an inner-city investment with a proven successful rental history.

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**

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Property History for 77 Balfour St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$800,000
29 Jan 2024
  • 29 Jan 2024
    Sold for $800,000
  • 18 Jan 2024
    Listed for Sale Not Disclosed
  • 31 May 2016
    Sold for $417,500
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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.
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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