4/128 Balfour Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

4/128 Balfour Street
Launceston TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 66m2
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Property Details for 4/128 Balfour St, Launceston

4/128 Balfour St, Launceston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 66m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
Unit
Year Built
1973
Floor Size
48m2
Land Size
66m2
Local Government
Launceston
Lot/Plan
4/60055

Last Listing description (October 2017)

** PRESS PLAY TO WATCH A FULL HD VIDEO TOUR OF THIS PROPERTY **
* Sun drenched location, minutes to cafes and parks
* Fully furnished, fantastic AirBnb or investment

* Large kitchen, stone bench tops, plenty of storage
* Spacious bedrooms, multiple built in robes
* Combined bath and shower, fully repainted throughout
* Undercover outdoor area, access to courtyard
* Minutes to Launceston General Hospital
* White goods, linen and cutlery included

Property History for 4/128 Balfour St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$195,000
08 Aug 2017
  • 08 Aug 2017
    Sold for $195,000
  • 01 Aug 2017
    Listed for Sale $185,000 - $210,000
  • 13 Jan 2014
    Sold for $175,000
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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, 109 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.