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Back 5/20 Balfour Street
Off Market

5/20 Balfour Street

Launceston TAS 7250

3
2
2
145 m²
256 m²
House
Last sold for $1,230,000
Richard SimsRichard Sims, last sold this property on 22 February 2026 after 94 days on market.

Overview

A Luxury City-Edge Retreat With Exceptional Views

Discover a rare opportunity to secure a near-new, high-calibre home in one of Launceston's most desirable positions. Set privately behind automatic gates with an intercom system, this residence offers peace of mind, low maintenance living, and unbeatable convenience-all just moments from the CBD. Step inside and be welcomed by sweeping views stretching across the Tamar Valley, city skyline and the iconic Cataract Gorge. Designed for ease of living, the home provides lift access directly from the garage to the main level. The generous open-plan living and dining area flows seamlessly via double stacking sliding doors to a covered alfresco space-perfect for year-round entertaining. At the heart of the home is a stunning kitchen featuring a granite breakfast bar, premium Smeg appliances and a spacious walk-in pantry. The luxurious master suite impresses with a full walk-in wardrobe, double vanity and an expansive walk-in shower all floor to ceiling tiled. Each additional bedroom includes built-in robes, with the third bedroom enjoying access to its own private patio. Comfort is assured year-round with ducted and zoned MyAir heating and cooling. An oversized double garage provides substantial storage and a dedicated wine cellar under the stairs. With cafés, the Launceston General Hospital and the Charles Street dining precinct all within an easy stroll, this is the perfect city residence or lock-and-leave base. Year Built: 2022 House Size: 159sqm Land Size: 256sqm Council Rates: $3,175pa approx Water Rates: $1,050pa approx Municipality: Launceston City Council School Catchments: East Launceston Primary & Queechy High School Sims for Property has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
145 m² floor area
256 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 5/20 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 5/20 Balfour Street

2026
Sold
$1,230,000
22 Feb 2026 by Richard Sims, of Sims for Property
2023
Sold
$1,050,000
Private Sale/Treaty on 19 Apr 2023 by Josh Hart, of McGrath Launceston

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 5/20 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

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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.

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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)
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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)
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