54 Balfour Street, Launceston, TAS 7250 sold on 07 June 2025 | OnTheHouse
SOLD
Sold on 07 Jun 2025 for $675,000

54 Balfour Street
Launceston TAS 7250

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 133m2
Land area: 159m2
Sold By
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Bushby Creese
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Property Details for 54 Balfour St, Launceston

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.

Building Type
House
Year Built
1900
Floor Size
133m2
Land Size
159m2
Local Government
Launceston
Lot/Plan
1/227652

Last Listing description (July 2025)

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.


Retaining its charming, cottage-style appeal, this residence has been tastefully updated with modern conveniences while preserving its timeless allure. Original, now decorative, fireplaces, lead-light windows, and timber all harmonise with contemporary style to deliver a warm and inviting ambiance.

The lower level of the home offers two living areas, a gallery-style kitchen, a generous bathroom with a clawfoot bath, and an allocated dining area.

Bi-fold glass doors extend the dining area out onto a private, north-facing courtyard providing seamless indoor/outdoor living.

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**

Property History for 54 Balfour St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$675,000
07 Jun 2025
Listed for Rent
$500/w
15 Dec 2022
  • 07 Jun 2025
    Sold for $675,000
  • 03 Apr 2025
    Listed for Sale Offers Over $685k
  • 25 Oct 2024
    Listed for Sale Offers Over $675k
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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 3,720 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:

  • 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 10 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.