114 Balfour Street, Launceston, TAS 7250 | House for sale | OnTheHouse
FOR SALE
Offers Over $875,000

114 Balfour Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 130m2
Land area: 321m2
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"Elegant Californian Bungalow with Modern Comforts"

Beautifully restored and effortlessly timeless, this 1920 Californian bungalow cottage captures the charm of its era while delivering modern comfort throughout. Step inside to discover gorgeous polished timber floors, soaring ceilings and a warm sense of character that flows from room to room. The home offers three beautifully appointed bedrooms and two elegant bathrooms, thoughtfully updated to blend style with practicality.
Stunningly presented, every detail has been carefully curated-from the inviting living spaces to the sunlit kitchen and the peaceful ambience that defines the entire home. Modern comforts include a heat pump, additional wall panel heating, and a cleverly designed hidden laundry that maximises space and convenience.
Outside, a generous backyard deck creates the perfect setting for entertaining, relaxing or enjoying quiet evenings at home. Situated in one of Launceston's most desirable pockets, this classic bungalow is a true standout for those seeking heritage beauty with contemporary ease.

Property Details for 114 Balfour St, Launceston

114 Balfour St, Launceston is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 321m2 and floor size of 130m2. The place is currently for sale with The Agency Tasmania.

Building Type
House
Floor Size
130m2
Land Size
321m2
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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 2016 was 2944 people. By 2021 the population was 3110 showing a population growth of 5.6% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Launceston work in a professional occupation.In 2021, 46.80% of the homes in Launceston were owner-occupied compared with 48.20% in 2016.

Launceston has 3,719 properties. Over the last 5 years, Houses in Launceston have seen a 49.52% increase in median value, while Units have seen a 32.72% increase. As at 31 October 2025:

  • The median value for Houses in Launceston is $758,684 while the median value for Units is $492,183.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 29 properties listed for sale, and 11 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 106 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

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Mick Acquarola
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The Agency Tasmania
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.