55 Balfour Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
 
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55 Balfour Street
Launceston TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 5 Jan 2026
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Property Details for 55 Balfour St, Launceston

55 Balfour St, Launceston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974.

Building Type
Unit
Year Built
1974
Local Government
Launceston

Last Listing description (February 2016)

This fabulous 1-2 bedroom townhouse is located in beautiful Balfour St in the heart of Launceston. As you enter from the street, you are greeted by a cosy living area which leads onto the updated kitchen/meals area.
The bathroom has been renovated & includes the laundry combined. From the kitchen, the stairs lead you up to the main bedroom which is a good size and also another room which can be utilised as a study or small second bedroom.
The back door leads you through to a private courtyard complete with decking and landscaped garden just perfect for entertaining. There is a free council parking available for one vehicle on the street.

Situated short walking distance to popular cafes, parks, local hospitals and city centre, this townhouse is great value for money.
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Property History for 55 Balfour St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Listed for Rent
$200/w
16 Jan 2016
  • 04 Jan 2016
    Listed for Rent - Price not available
  • 20 Feb 2015
    Listed for Rent - Price not available
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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 3,723 properties. Over the last 5 years, Houses in Launceston have seen a 43.28% increase in median value, while Units have seen a 23.52% increase. As at 31 December 2025:

  • The median value for Houses in Launceston is $764,492 while the median value for Units is $486,282.
  • Houses have a median rent of $510 while Units have a median rent of $450.
There are currently 26 properties listed for sale, and 15 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 120 properties were sold in the past 12 months in Launceston.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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