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 | |
Similar Suburbs to Launching Place 3139
Based on median house sale price sold in last 12 months
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 |