5/20 Balfour Street, Launceston, TAS 7250 | House for sale | OnTheHouse
 
FOR SALE
Offers Around $1,250,000

5/20 Balfour Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 145m2
Land area: 256m2
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A Luxury City-Edge Retreat With Exceptional Views

Discover a rare opportunity to secure a near-new, high-calibre home in one of Launceston's most desirable positions. Set privately behind automatic gates with an intercom system, this residence offers peace of mind, low maintenance living, and unbeatable convenience-all just moments from the CBD.
Step inside and be welcomed by sweeping views stretching across the Tamar Valley, city skyline and the iconic Cataract Gorge. Designed for ease of living, the home provides lift access directly from the garage to the main level.
The generous open-plan living and dining area flows seamlessly via double stacking sliding doors to a covered alfresco space-perfect for year-round entertaining. At the heart of the home is a stunning kitchen featuring a granite breakfast bar, premium Smeg appliances and a spacious walk-in pantry.
The luxurious master suite impresses with a full walk-in wardrobe, double vanity and an expansive walk-in shower all floor to ceiling tiled. Each additional bedroom includes built-in robes, with the third bedroom enjoying access to its own private patio. Comfort is assured year-round with ducted and zoned MyAir heating and cooling.
An oversized double garage provides substantial storage and a dedicated wine cellar under the stairs. With cafés, the Launceston General Hospital and the Charles Street dining precinct all within an easy stroll, this is the perfect city residence or lock-and-leave base.
Year Built: 2022
House Size: 159sqm
Land Size: 256sqm
Council Rates: $3,175pa approx
Water Rates: $1,050pa approx
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Property Details for 5/20 Balfour St, Launceston

5/20 Balfour St, Launceston is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 256m2 and floor size of 145m2. The place is currently for sale with Sims For Property - Launceston.

Building Type
House
Floor Size
145m2
Land Size
256m2
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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 45.45% increase in median value, while Units have seen a 34.92% increase. As at 30 November 2025:

  • The median value for Houses in Launceston is $744,245 while the median value for Units is $498,010.
  • Houses have a median rent of $510 while Units have a median rent of $460.
There are currently 28 properties listed for sale, and 12 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 108 properties were sold in the past 12 months in Launceston.

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Richard Sims
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Erin O'Grady
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