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

87 Balfour Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 114m2
Land area: 389m2
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Property Details for 87 Balfour St, Launceston

87 Balfour St, Launceston is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1880. The property has a land size of 389m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1880
Floor Size
114m2
Land Size
389m2
Local Government
Launceston
Lot/Plan
1/227757

Last Listing description (October 2024)

This gorgeous character home offers a unique blend of modern comfort with classic charm, making it the ideal place for you to call home.

The home offers a low maintenance experience, which will be sure to appeal, with a prime location to immerse yourself in the rich culture and history of our lovely Launceston. From the famous Cataract Gorge to the vibrant café scene which is only a short walk away, you'll never run out of things to explore and enjoy!

The property is also only a short walk to local supermarkets & services, the Launceston CBD, and the Launceston General Hospital.

The property offers up to 3 bedrooms (the upstairs room could be utilised as the perfect home office or utility room) and a stunning central bathroom with a separate bath and toilet for added convenience.

The kitchen and dining offer a spacious, open-plan feel and also with the option of connection to the external area of the property, perfect for that alfresco style of living.

The property externally is landscaped, private, and fully fenced with the property owners being willing to consider applications with a pet.

There is off-street parking available with a carport for further convenience.

Available: 9 Sept 2024

Lease term: 12 months.

Pets: The owner may consider a well-referenced pet upon application.

To request a viewing of this property or receive an application, please submit an email enquiry and you will be notified of available opportunities and an online link to apply.

We can't wait to help you secure your new home!

Property History for 87 Balfour St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$735,000
07 Jun 2023
Listed for Rent
$530/w
02 Aug 2023
  • 14 Aug 2024
    Listed for Rent $550 / week
  • 17 Jan 2024
    Listed for Rent $550 / week
  • 25 Jul 2023
    Listed for Rent $530 / week
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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 3,722 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 11 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 115 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.