5/116-118 Balfour Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

5/116-118 Balfour Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 185m2
Land area: 313m2
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Property Details for 5/116-118 Balfour St, Launceston

5/116-118 Balfour St, Launceston is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2008. The property has a land size of 313m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
Unit
Year Built
2008
Floor Size
185m2
Land Size
313m2
Local Government
Launceston
Lot/Plan
5/147748

Last Listing description (November 2017)

Whether you're looking for that perfect secure town base or just time for a scale down but you're not ready for the shoebox yet! Balfour Court located just minutes to the Charles Street coffee precinct could be just what you're looking for. From the minute you enter through the electric front gated community, town house number 5 is approx 22 squares of luxury living with features you could only dream about, including a fantastic new addition - A lift! That's right, the owners have recently installed the perfect solution to double storey - A Lift! the well planed floor plan offers 3 great sized bedrooms (main with huge ensuite and walk in robe), large main bathroom plus a powder room, study area, fantastic living area with all the mod cons, gourmet kitchen, sep laundry, huge double garage and great sized low maintenance rear court yard. This is an outstanding town house in a brilliant location so if your serious about your next move, call today to arrange your inspection.

Mark Bushby and Eric Andersen : Mark 0418 130 732

Property History for 5/116-118 Balfour St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$585,000
06 May 2017
  • 06 May 2017
    Sold for $585,000
  • 20 Mar 2017
    Listed for Sale $599,000
  • 12 May 2016
    Sold for $555,666
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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 3,725 properties. Over the last 5 years, Houses in Launceston have seen a 26.79% increase in median value, while Units have seen a 15.50% increase. As at 31 July 2026:

  • The median value for Houses in Launceston is $873,912 while the median value for Units is $559,475.
  • Houses have a median rent of $590 while Units have a median rent of $450.
There are currently 20 properties listed for sale, and 11 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 130 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.