245 Milners Road, Launching Place VIC 3139
This property is Off Market
- The Average property price in this area is $853,379, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 48.08 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Yarra Valley
With an average age of 43, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $200. The average family earns a weekly income of $2,166 with a typical household size of 2.9 and a 95.77% employment rate.
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.
Public Transport
Lakeside
Mooroolbark
Emerald
Menzies Creek
Belgrave (Puffing Billy)
Belgrave
Gembrook (Town)
Gembrook (Heritage)
Lilydale
Cockatoo
General Points of Interest
Warburton Golf Club
War Memorial
Population
(Country of Birth not stated 3%)
Are people healthy?
There are a recorded 2639 asthma sufferers and 621 people living with diabetes. In addition, 845 people have a heart/vascular condition and 1730 people live with three or more chronic diseases.A good place to invest in property?
Yarra Valley a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
41 / 100
52 / 100
Industry
09 / 100
17 / 100
Population
43 / 100
32 / 100
House Prices
00 / 100
70 / 100
Jobs
34 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsUpper Yarra Secondary College Yarra Junction Primary School
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St Joseph's School
Yarra Junction, VIC, 3797 Independent Prep-6 -
Upper Yarra Secondary College
Yarra Junction, VIC, 3797 State 7-12 -
Don Valley Primary School
Don Valley, VIC, 3139 State Prep-6 -
Little Yarra Steiner School
Yarra Junction, VIC, 3797 Independent Prep-12 -
Yarra Junction Primary School
Yarra Junction, VIC, 3797 State Prep-6 -
Cire Community School
Lilydale, VIC, 3140 Independent 7-12
Property Story
245 Milners Road, Launching Place, Vic, 3139 is a residential property with 3 bedrooms, 2 bathrooms and 3 Parking spaces. The estimated value of this home is $1,270,000 while properties of this type typically sell for between $620,000 and $890,000 in this suburb. The estimated distance to the sea is 48.08km and 0.04KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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