Back 54 Balfour St
Off Market

54 Balfour St

Launceston TAS 7250

2
2
House
Last sold for $675,000
George BushbyGeorge Bushby, last sold this property on 07 June 2025 after 65 days on market.

Overview

Charming Inner City Residence With High Investment Return

Boasting an exclusive inner-city position this charming character residence offers an instant lifestyle appeal. Ideal for low maintenance inner city living, a lock up and leave town base or the perfect investment opportunity for long or short term stays. Offering ample investment opportunities with AirBnB approval and a highly successful short term rental history. The property is also available to purchase fully furnished. Pre-eminently positioned on Balfour Street this residence offers immediate proximity to all amenities including The Charles Street Café Strip, the Launceston General Hospital, leading local restaurants, and the Launceston CBD. Retaining its charming, cottage-style appeal, this residence has been tastefully updated with modern conveniences while preserving its timeless allure. Original, now decorative, fireplaces, lead-light windows, and timber all harmonise with contemporary style to deliver a warm and inviting ambiance. The lower level of the home offers two living areas, a gallery-style kitchen, a generous bathroom with a clawfoot bath, and an allocated dining area. Bi-fold glass doors extend the dining area out onto a private, north-facing courtyard providing seamless indoor/outdoor living. Comfortable accommodation comprises of two good size bedrooms, located on the upper level. These bedrooms are serviced by a generous, brand new bathroom. The grounds are fully fenced for the safety of children and pets, and there is a garden shed on hand for the ease of outdoor care and storage. If you would like more information or to inspect this property please get in contact with us today. **Bushby Creese 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. All measurements are approximate**

Features

2 bedrooms
2 bathrooms
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Launceston over the last 12 months, the estimated median property value of 54 Balfour St is $620k.

Median value
$620k
Estimated value range
$390k - $1.13m
Median days on market
65
Estimated value trend
24%
increase 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 54 Balfour St

2025
Sold
$675,000
Private Sale/Treaty on 07 Jun 2025 by George Bushby, of Bushby Creese
2022
Rented
Undisclosed
Leased on 14 Dec 2022 by Property Wise Launceston
2021
Rented
Undisclosed
Leased on 18 Oct 2021 by Property Wise 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 19 reviews in Launceston over the last 12 months.

Local market activity for 2 bedroom houses in Launceston

In the last 12 months, 20 two-bedroom houses similar to 54 Balfour St, have been sold.

This represents a 100% decrease in two-bedroom houses sales when compared to the previous 12 months.

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