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

94 Balfour Street
Launceston TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 10
Floor area: 170m2
Land area: 548m2
Improve this data
We do not have enough data to display the calculated estimate for this property.
Share
Save

Property Details for 94 Balfour St, Launceston

Building Type
Commercial
Year Built
1890
Floor Size
170m2
Land Size
548m2
Local Government
Launceston
Lot/Plan
1/146418

Last Listing description (August 2016)

This stunning recently renovated circa 1890s terrace is currently being utilised as professional rooms, offering reception and waiting room, 4 meeting rooms, large main bathroom plus powder room, large kitchen, storage and courtyard.
Plus! A double garage! But wait there's more. Lets throw in another 8 car parks! Unheard of in this part of town!
Or maybe you astute investors might (with not much work) turn this gorgeous old period property back into a 3 bedroom home. With an estimated combined rent for both the house (with 2 car parks) and the additional 8 car parks of approximately $600 per week, and an asking price around $490,000, you do the sums.

Two great options, the choice is yours!
Offers around $490,000 considered

Show More

Property History for 94 Balfour St, Launceston, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$475,000
02 Feb 2016
  • 02 Feb 2016
    Sold for $475,000
  • 27 Jan 2016
    Listed for Sale OFFERS AROUND $490,000
  • 23 Nov 2005
    Sold for $45,000
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 26 properties listed for sale, and 12 properties listed for rent in Launceston on OnTheHouse. According to Cotality's data, 118 properties were sold in the past 12 months in Launceston.

Launceston Profile Page

Suburb Insights for Launceston 7250

Visit Launceston profile page
Market Insights
Launceston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Launceston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Launceston profile page
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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED