56 Balfour Street, Launceston, TAS 7250 | Property Value & History | OnTheHouse
OFF MARKET

56 Balfour Street
Launceston TAS 7250

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 102m2
Land area: 266m2
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Property Details for 56 Balfour St, Launceston

56 Balfour St, Launceston is a 2 bedroom, 1 bathroom House and was built in 1932. The property has a land size of 266m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in June 2005.

Building Type
House
Year Built
1932
Floor Size
102m2
Land Size
266m2
Local Government
Launceston
Lot/Plan
1/204353

Last Listing description (June 2022)

This single storey two bedroom home offers a lifestyle of utmost convenience and comfort in the heart of Launceston.

So close to the Charles Street Caf Precinct and a 2 minute walk to the Launceston General Hospital, Prince's Square, transport and Supermarkets.

Two large bedrooms share a renovated, modern bathroom, and offer plenty of storage.

Perfect for professionals, and downsizers alike, this captivating urban haven features a relaxed open plan living space and a gorgeous private courtyard perfect for summer BBQs or the ideal size to plant a pretty garden.

Rental appraisal is approximately $630 per week. A great investment proposition! With inner-city property in high demand, don't miss this opportunity to secure a super cute, low maintenance home in the best location!

Property History for 56 Balfour St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$200,000
21 Jun 2005
Listed for Rent
19 Mar 2013
  • 11 Mar 2022
    Listed for Sale Offers Over $749,000
  • 23 Feb 2013
    Listed for Rent - Price not available
  • 31 Jan 2012
    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 41.37% increase in median value, while Units have seen a 27.53% increase. As at 31 January 2026:

  • The median value for Houses in Launceston is $766,540 while the median value for Units is $497,845.
  • Houses have a median rent of $510 while Units have a median rent of $450.
There are currently 27 properties listed for sale, and 12 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 117 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.