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.
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 |
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 |
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.
205 gembrook-launching place rd, launching place, vic, 3139 | 3 | 2 | 5 | Under Contract | |
45 alpine bvd, launching place, vic, 3139 | $430,000 - $470,000 | ||||
53 timberline rd, launching place, vic, 3139 | 3 | 2 | 2 | $590,000 - $640,000 | |
245 milners rd, launching place, vic, 3139 | 4 | 2 | 6 | $1,300,000 - $1,400,000 | |
35 riverview pde, launching place, vic, 3139 | $360,000 - $390,000 |
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)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.6 | 12.1 | 28.6 | 36.6 | 94.8 | 2.8 | 24.5 |
Feb | 1.9 | 12.1 | 28.0 | 39.5 | 95.3 | 2.7 | 20.5 |
Mar | 1.7 | 10.5 | 25.3 | 42.6 | 96.1 | 2.5 | 15.7 |
Apr | 2.0 | 7.6 | 21.0 | 49.6 | 98.0 | 2.0 | 11.6 |
May | 2.5 | 5.7 | 16.8 | 59.5 | 97.3 | 2.0 | 8.0 |
Jun | 2.2 | 3.7 | 14.1 | 66.1 | 98.0 | 1.9 | 7.2 |
Jul | 2.1 | 4.5 | 13.7 | 63.1 | 96.4 | 2.7 | 7.3 |
Aug | 2.4 | 4.4 | 14.5 | 56.8 | 96.2 | 2.8 | 9.9 |
Sept | 2.4 | 5.4 | 17.5 | 49.1 | 97.4 | 2.8 | 14.0 |
Oct | 2.2 | 7.3 | 20.6 | 47.7 | 96.9 | 2.7 | 18.9 |
Nov | 2.6 | 9.4 | 22.9 | 46.1 | 96.8 | 2.7 | 22.2 |
Dec | 2.3 | 10.2 | 25.8 | 39.7 | 96.5 | 2.8 | 25.3 |
source: Australian Government Bureau of Meteorology
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