39 Balfour StreetLaunceston TAS 7250
Property Details for 39 Balfour St, Launceston
39 Balfour St, Launceston is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1890. The property has a land size of 291m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom House sold in Launceston in the last 12 months.
Last Listing description (February 2026)
Set in one of Launceston's most tightly held inner-city pockets, 39 Balfour Street is a beautifully restored circa-1890 cottage offering timeless character, modern comfort and exceptional versatility. Spanning two titles with rare dual street frontage to both Balfour Street and James Street, the property also provides the invaluable bonus of off-street parking—a true rarity in this location.
Step inside and you'll be instantly charmed by the home's rich heritage features, including polished Baltic pine floorboards, exposed heritage brick fireplaces, and a warm, inviting atmosphere throughout. The layout includes three bedrooms, a well-appointed bathroom, a functional galley kitchen, and generous living and dining areas ideal for everyday living or entertaining. At the rear, a private courtyard garden offers a peaceful outdoor retreat.
Proven as a highly successful AirBnB, the property has delivered strong, consistent returns over many years, making it an outstanding investment opportunity. Its location is simply unbeatable—300 metres to Launceston General Hospital, 100 metres to the vibrant Charles Street café strip, greengrocer and Sporties Hotel, and just 500 metres to the CBD.
Sought after by residents and tourists alike, this is a rare chance to secure a premium inner-city property.
Call Tim Saunders for full details and to arrange your inspection.
Property History for 39 Balfour St, Launceston, TAS 7250
- 17 Feb 2026Sold for $775,000
- 13 Feb 2026Listed for Sale FOR SALE
- 23 Apr 2024Listed for Rent $600 / week
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0About 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 3,720 properties. Over the last 5 years, Houses in Launceston have seen a 32.68% increase in median value, while Units have seen a 29.72% increase. As at 30 April 2026:
- The median value for Houses in Launceston is $831,502 while the median value for Units is $553,434.
- Houses have a median rent of $560 while Units have a median rent of $450.
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