OFF MARKET

98 Balfour Street
Launceston TAS 7250

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 229m2
Land area: 316m2
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Property Details for 98 Balfour St, Launceston

98 Balfour St, Launceston is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1881. The property has a land size of 316m2 and floor size of 229m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1881
Floor Size
229m2
Land Size
316m2
Local Government
Launceston
Lot/Plan
3/61027

Last Listing description (March 2021)

Dunloran represents a rare opportunity to acquire a residence rich in history and sympathetically modernised and refurbished by the current owner. Perfect as a principal family residence, weekend townhouse or exclusive, upmarket, high return accommodation venture. Dunloran is located within one of Launceston' most important streetscapes known for its finest Georgian, Victorian and Federation architecture - all within minutes of the city's vibrant centre and cafe precinct. This two storey, 188m2 residence, built in 1881, is one of three terraces known as the 'Dunloran Cottages'. They are of historic, architectural and social importance due to their association with one of Tasmania's most well know pioneers and business identity - Henry Reed.

Situated on an allotment of 316m2, this solid brick residence provides numerous beautifully appointed rooms. The entry hallway on the ground floor leads to formal and informal sitting rooms, a library complete with bespoke bookcases and cabinetry, a reading room/fourth bedroom and formal dining room. A sunlit atrium leads through to an impressive fully serviced kitchen with quality fittings, marble work surfaces, pantry, storage and an expansive eating area, perfect for breakfast or casual dining - including powder room and European laundry.


The staircase leads to three beautiful and comfortable bedrooms and a spacious, luxurious bathroom that could easily grace the cover of Vogue Living. All rooms retain classical architectural features associated with the period - faithfully restored fireplaces, multi-paned windows and shutters, polished floorboards, wide architraves and skirting boards, high ceilings with arched hallways and period lighting.

A picket fence announces an impressive garden where you are welcomed into a formal parterre garden which includes two substantial weeping silver birch trees. Reminiscent of a London townhouse, the rear garden has three brick courtyards featuring established evergreen deciduous and flowering plantings. These secluded and private areas are framed by Dunloran's beautifully weathered walls and provide the perfect setting for alfresco dining or just a quiet spot to curl up with a good book.

The carport, which is accessed by a ROW includes ample storage. The house is kept comfortable year round with the provision of hydronic heating which includes underfloor and radiator panels, plus tow split-system air conditioners and three working fireplaces. NBN is connected.

Perfectly positioned on the doorstep of Launceston's CBD with it's gourmet restaurants and cafes, parks, river walks, supermarkets, malls, museums and art galleries, leading schools, University of Tasmania and Launceston General Hospital and within a 15 minute drive of the Launceston Airport, an easy 2 hour drive of Hobart and a quick 50 minute flight of Melbourne.
The nearby historic townships of Evandale, Longford and Perth are within easy reach, as is the famous Tamar Valley Wine and Food route.

98 Balfour Street is truly a rare offering and investment located in a highly sought after central position within Launceston - one of Australia's strongest growth and high demand cities.

For further information or to arrange a private inspection, please contact Dominic Romeo on 0438 500 277 or email dominicromeo@circaheritageandlifestyle.com.au

Property History for 98 Balfour St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$1,050,000
04 Mar 2021
Listed for Rent
$350/w
17 Sep 2011
  • 04 Mar 2021
    Sold for $1,050,000
  • 22 Feb 2021
    Listed for Sale Contact Agent
  • 17 Apr 2020
    Listed for Sale Offers over $959,000
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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 3,720 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, 117 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.