38-40 Balfour St, Launceston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1977. The property has a land size of 618m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
The Owner is open to negotiating the possibility of unfurnishing the property for the right tenant. Please contact our letting team for more information.
CONFIGURATION: This substantial family home comprising of 3 bedrooms, 2 with built-in wardrobes, light and bright living area, updated kitchen with combined dining area, updated bathroom, separate toilet and a sizable laundry with ample storage options.
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 3,725 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:
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