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Back 39 Balfour Street
Off Market

39 Balfour Street

Launceston TAS 7250

3
1
1
120 m²
291 m²
House
Last sold for $775,000
Tim SaundersTim Saunders, last sold this property on 17 February 2026 after 4 days on market.

Overview

Beautifully restored 1890's inner city home

Set in one of Launceston's most tightly held inner-city pockets, 39 Balfour Street is a beautifully restored circa-1890 cottage offering timeless character, modern comfort and exceptional versatility. Spanning two titles with rare dual street frontage to both Balfour Street and James Street, the property also provides the invaluable bonus of off-street parking—a true rarity in this location. Step inside and you'll be instantly charmed by the home's rich heritage features, including polished Baltic pine floorboards, exposed heritage brick fireplaces, and a warm, inviting atmosphere throughout. The layout includes three bedrooms, a well-appointed bathroom, a functional galley kitchen, and generous living and dining areas ideal for everyday living or entertaining. At the rear, a private courtyard garden offers a peaceful outdoor retreat. Proven as a highly successful AirBnB, the property has delivered strong, consistent returns over many years, making it an outstanding investment opportunity. Its location is simply unbeatable—300 metres to Launceston General Hospital, 100 metres to the vibrant Charles Street café strip, greengrocer and Sporties Hotel, and just 500 metres to the CBD. Sought after by residents and tourists alike, this is a rare chance to secure a premium inner-city property. Call Tim Saunders for full details and to arrange your inspection.

Features

3 bedrooms
1 bathroom
1 carspace
1 open car space
120 m² floor area
291 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Launceston over the last 12 months, the estimated median property value of 39 Balfour Street is $750k.

Median value
$750k
Estimated value range
$385k - $2m
Median days on market
26
Estimated value trend
-9%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Launceston. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 39 Balfour Street

2026
Sold
$775,000
17 Feb 2026 by Tim Saunders, of Saunders Property Group
2024
Rented
Undisclosed
Leased on 15 May 2024 by Saunders Property Group
2022
Rented
Undisclosed
Leased on 09 Jun 2022 by Saunders Property Group

Happy sellers in Launceston

89%
89% of sellers in Launceston reported that their sale price either exceeded or met their price expectations.

Launceston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in Launceston over the last 12 months.

Local market activity for 3 bedroom houses in Launceston

In the last 12 months, 29 three-bedroom houses similar to 39 Balfour Street, have been sold.

This represents a 16% decrease in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Launceston

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Jeremy Wilkinson

Sellers who recommend Jeremy Wilkinson have praised them for being clear communication, local expert, responsive, honest, supportive, reliable and friendly

  •   4.9   (886 reviews)
  •  6 Reviews in Launceston
  •  8 Sales in Launceston
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George Bushby

George Bushby is an award winning recommended agent for Launceston.  They have 15 local sales and collected 4 local reviews across the last 12 months.

  •   4.8   (54 reviews)
  •  4 Reviews in Launceston
  •  15 Sales in Launceston
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David Hernyk

Sellers who recommend David Hernyk have praised them for being clear communication, local expert, responsive, friendly, honest, easy to work with and supportive

  •   4.9   (417 reviews)
  •  4 Reviews in Launceston
  •  6 Sales in Launceston
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Jessica Hogarth

Jessica Hogarth is a recommended agent for Launceston.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (139 reviews)
  •  2 Reviews in Launceston
  •  3 Sales in Launceston
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