135 Balfour Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

135 Balfour Street
Launceston TAS 7250

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 172m2
Land area: 644m2
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Property Details for 135 Balfour St, Launceston

135 Balfour St, Launceston is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 644m2 and floor size of 172m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1930
Floor Size
172m2
Land Size
644m2
Local Government
Launceston
Lot/Plan
1/227047

Last Listing description (July 2026)

This well-maintained home combines original character with modern conveniences in a highly sought-after location, just a short walk from the Launceston General Hospital, local supermarket, and the Launceston CBD, while being positioned away from the main road to minimise traffic noise.

Inside, the home offers three generous bedrooms plus a fourth bedroom or study, providing flexibility for families, those working from home, or anyone needing additional space. Beautiful period features including timber floorboards, high ceilings, picture rails, bay windows and leadlight windows add character throughout, while a large sunroom provides another versatile living area. Ducted heating ensures comfort during the cooler months.

The updated kitchen has been designed for everyday living and entertaining, featuring an induction cooktop, dishwasher, large island bench with additional seating, and plenty of storage and bench space.

All bedrooms include storage and are currently being freshly painted, with updated photos to be available soon. The home also includes an additional separate toilet, a spacious laundry with additional storage, and a separate workshop/storage room.

Outside, you'll find a covered entertaining area complete with an outdoor kitchen, low-maintenance gardens, and excellent off-street parking including a double carport and a single lock-up garage.

A 12-month lease is preferred; however, a 6-month lease may also be considered.

Features:

Three bedrooms plus a fourth bedroom or study
Storage in all bedrooms
Bedrooms currently being freshly painted (updated photos coming soon)
Large sunroom
Character features including timber floorboards, high ceilings, picture rails, bay windows and leadlight windows
Ducted heating
Updated kitchen with induction cooktop, dishwasher and large island bench
Additional separate toilet
Spacious laundry with additional storage
Workshop/storage room
Covered outdoor entertaining area with outdoor kitchen
Low-maintenance gardens
Double carport plus single lock-up garage - off-street parking for up to three vehicles
Walking distance to the Launceston General Hospital, supermarket and CBD
Positioned away from the main road for reduced traffic noise
12-month lease preferred (6-month lease considered)

*At any stage before or throughout this tenancy, the tenant will be required to seek the owner's consent using the approved form to keep a pet at the premises.

*Horizon Property Tasmania has no reason to doubt the accuracy of this information, which has been obtained from sources considered to be reliable; however, we cannot guarantee it. Prospective tenants are advised to carry out their own investigations. Any supplied measurements are approximate.

Property History for 135 Balfour St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$770,000
02 Jul 2022
  • 16 Jul 2026
    Listed for Rent $800 / week
  • 02 Jul 2022
    Sold for $770,000
  • 13 Jun 2022
    Listed for Sale For Sale By Auction Onsite Saturday 2 July 11am
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About Launceston 7250

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 3,726 properties. Over the last 5 years, Houses in Launceston have seen a 28.49% increase in median value, while Units have seen a 19.27% increase. As at 30 June 2026:

  • The median value for Houses in Launceston is $855,283 while the median value for Units is $562,985.
  • Houses have a median rent of $583 while Units have a median rent of $450.
There are currently 21 properties listed for sale, and 11 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 125 properties were sold in the past 12 months in Launceston.

Suburb Insights for Launceston 7250

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Cotality Copyright and Legal Disclaimers about Property Data
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.