101 Balfour St, Launceston is a 3 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 345m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom House sold in Launceston in the last 12 months.
This beautifully updated post-Federation home is a stunning blend of timeless character and modern living, where classic charm has been thoughtfully enhanced for today's lifestyle. Retaining the warmth and elegance of its era, the home has been carefully modernised without losing its soul.
The bathrooms have been stylishly renovated with striking floor-to-ceiling tiles delivering a luxurious, contemporary finish while complementing the home's original features. The lounge area has been designed as a true home theatre experience, featuring an automatic drop-down 2.9m wide projector screen, immersive surround sound and C-Bus smart living. Whether it's movie night or entertaining guests, the space effortlessly transforms at the touch of a button. At the heart of the property, the outdoor entertaining area is made for hosting, complete with a wood-fired pizza oven. Bifold kitchen doors open up to bring the outside in. The perfect setting for family gatherings, long lunches and relaxed evenings with friends.
Adding further flexibility is the multi-purpose garage, featuring pull-down stairs to an upper space ideal as a kids' games room, home office or creative retreat. This is a home that effortlessly balances heritage appeal with modern comfort, offering character, versatility and an enviable lifestyle in one beautiful package. Zoned commercial for other opportunities.
The size of Launceston is approximately 4.5 square kilometres. There are 13 parks, covering nearly 16.4% of the 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 3,722 properties. Over the last 5 years, Houses in Launceston have seen a 29.47% increase in median value, while Units have seen a 24.45% increase. As at 31 May 2026:
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