54 Balfour St, Launceston is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 159m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 2 bedroom House sold in Launceston in the last 12 months.
Boasting an exclusive inner-city position this charming character residence offers an instant lifestyle appeal.
Ideal for low maintenance inner city living, a lock up and leave town base or the perfect investment opportunity for long or short term stays. Offering ample investment opportunities with AirBnB approval and a highly successful short term rental history. The property is also available to purchase fully furnished.
Pre-eminently positioned on Balfour Street this residence offers immediate proximity to all amenities including The Charles Street Caf Strip, the Launceston General Hospital, leading local restaurants, and the Launceston CBD.
Comfortable accommodation comprises of two good size bedrooms, located on the upper level. These bedrooms are serviced by a generous, brand new bathroom.
The grounds are fully fenced for the safety of children and pets, and there is a garden shed on hand for the ease of outdoor care and storage.
If you would like more information or to inspect this property please get in contact with us today.
**Bushby Creese has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**
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 45.45% increase in median value, while Units have seen a 34.92% increase. As at 30 November 2025:
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