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Launching Place
VIC, 3139 - Yarra Ranges

Thinking about buying in Launching Place? Now could not be a better time, with 1090 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $992,000 with prices in this suburb ranging from $218,000 to $3,399,000. The aproximate distance to the coast is 45 Km.

Household Makeup

Median Weekly Rent $314.38
Median Monthly Mortgage $1805.44
Median Persons Per Bedroom 0.81
Average Household Size 2.94
Average Age 41.56
Average Income $730.75
Average Cars Per Dwelling 2.42
Average Properties Within 50M 4

Housing Stock

Average Property Prices

1 Bed  $995,000
2 Bed  $799,000
3 Bed  $888,000
4 Bed  $1,106,000
5 Bed  $1,170,000
6 Bed+$1,229,000

Launching Place Real Estate Market Outlook

In Launching Place there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Launching Place due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Launching Place provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Launching Place requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. With very low industrial sector presence in Launching Place the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Launching Place

Professionals 53 TIMBERLINE RD, LAUNCHING PLACE, VIC, 3139 Beds3 Bathrooms2 Parking 2 $620,000 - $680,000
Professionals 2 CARROLL ST, LAUNCHING PLACE, VIC, 3139 Beds3 Bathrooms1 Parking 2 Under Contract
Professionals 205 GEMBROOK-LAUNCHING PLACE RD, LAUNCHING PLACE, VIC, 3139 Beds3 Bathrooms2 Parking 5 $1,100,000 - $1,200,000
Professionals 30 HALLS RD, LAUNCHING PLACE, VIC, 3139 Beds4 Bathrooms2 Parking 5 $1,000,000 - $1,100,000
Professionals 35 RIVERVIEW PDE, LAUNCHING PLACE, VIC, 3139 Beds Bathrooms $390,000 - $420,000
Professionals 245 MILNERS RD, LAUNCHING PLACE, VIC, 3139 Beds4 Bathrooms2 Parking 6 $1,300,000 - $1,400,000

Local Schools

Launching Place Primary School

Yarra Junction Primary School

Don Valley Primary School

Woori Yallock Primary School

Hoddles Creek Primary School

Cire Community School

St Joseph's School

Upper Yarra Secondary College

Little Yarra Steiner School

(While the above schools are located with the suburb of Launching Place there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Launching Place weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.612.128.636.694.82.824.5
Feb1.912.128.039.595.32.720.5
Mar1.710.525.342.696.12.515.7
Apr2.07.621.049.698.02.011.6
May2.55.716.859.597.32.08.0
Jun2.23.714.166.198.01.97.2
Jul2.14.513.763.196.42.77.3
Aug2.44.414.556.896.22.89.9
Sept2.45.417.549.197.42.814.0
Oct2.27.320.647.796.92.718.9
Nov2.69.422.946.196.82.722.2
Dec2.310.225.839.796.52.825.3

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Woori YallockDon ValleyYarra JunctionSeville EastMount ToolebewongWesburnMillgroveHoddles CreekYellingboGladysdale

Public Transport


General Points of Interest

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