Launching Place, VIC 3139

Launching Place, VIC 3139

Compare Part of Yarra Ranges

53.16 km
Distance from CBD
13 k
Population
Median Sale Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$308,000
0.0% $181,000 $850,000 41
2010
$380,000
+18.9% $255,000 $800,000 36
2011
$430,000
+11.6% $160,000 $1,000,000 26
2012
$355,000
-21.1% $260,000 $800,000 39
2013
$345,000
-2.9% $257,000 $1,300,000 49
2014
$380,000
+9.2% $220,000 $980,000 49
2015
$392,576
+3.2% $205,000 $939,000 39
2016
$460,000
+14.7% $300,000 $760,000 48
2017
$530,000
+13.2% $380,000 $1,100,000 48
2018
$540,000
+1.9% $400,000 $865,000 34
2019
$600,000
+10.0% $421,752 $1,150,000 40
2020
$622,000
+3.5% $400,000 $2,200,000 34
2021
$730,000
+14.8% $575,500 $2,650,000 29
2022
$810,000
+9.9% $627,000 $1,930,000 46
2023
$673,000
-20.4% $395,280 $1,160,000 27
2024
$680,000
+1.0% $590,000 $1,100,000 6
Median Sale Price
$673K
Based on 29 recorded sales within the last 12 months
Updated on 29 Mar 2024
Suburb Growth
-11.4%
Current Median Price: $673,000
Previous Median Price: $750,000
Based on 66 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2024)
Price Range Segments (12 months ending Feb 2024)
Median Weekly Rent Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$295
0.0% $175 $360 9
2012
$375
+21.3% $300 $500 9
2013
$320
-17.2% $262 $425 14
2014
$315
-1.6% $265 $360 3
2015
$340
+7.4% $270 $425 13
2016
$320
-6.3% $300 $400 5
2017
$350
+8.6% $300 $470 10
2018
$410
+14.6% $325 $450 6
2019
$400
-2.5% $360 $465 3
2020
$380
-5.3% $345 $400 3
2021
$420
+9.5% $330 $530 6
2022
$500
+16.0% $375 $515 5
2023
$520
+3.8% $420 $720 4
2024
-
- - - -
Median Rent Price
$720
per week
Based on 2 recorded rent within the last 12 months
Updated on 29 Mar 2024
Rent Price Growth
+28.5%
Current Median Rent: $720
Previous Median Rent: $515
Based on 6 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.6%
Current Median Price: $673,000
Current Median rent: $720
Based on 31 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 2024)

Auction Results For Launching Place

Houses sold in Last 12 months ends 23 Mar 2024

$725K

Median Sale Price

100%

Clearance Rate

8/8

Sold/Reported

$1.1M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1 M - $1.2 M 1
$600 K - $800 K
(Median Price Range)
6
$400 K - $600 K 1

Schools closest to Launching Place, VIC 3139

School name Address Type Sector Distance
Launching Place Primary School CARTER STREETLaunching Place 3139 Primary Government 0.38 km