OFF MARKET

11 Merrigum Lane
Launching Place VIC 3139

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 839m2
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Last updated 11 Nov 2024
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Property Details for 11 Merrigum Lane, Launching Place

11 Merrigum Lane, Launching Place is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 839m2. While the property is not currently for sale or for rent, it was last sold in January 2002.

Building Type
House
Land Size
839m2
Local Government
Yarra Ranges
Lot/Plan
6/LP82157

Last Listing description (July 2021)

Set on a reasonably flat block approx 839sqm, this lovely 3 bedroom western red cedar home has been freshly repainted in readiness for its new tenant. There are floorboards in the living area and kitchen/family area, sliding doors to the front deck and side, a wood heater and reverse cycle split system. All 3 bedrooms have carpet and built in robes, the bathroom has two way access including to the main bedroom and there is an electric hot water service. The toilet is located off the laundry. The carport could accommodate up to two vehicles and the backyard is fenced. The property is being offered with a 15 month lease, at a rent of $1738.10 per calendar month ($400 per week), bond $1738.00.

Please be aware that rental applications should only be submitted on our own office's application forms which will be available at inspections or by email request. The supporting documentation as outlined on the form must be provided by applicants when the application is submitted so that consideration of the application can proceed. Actual commencement date of lease will depend on when applications are received and processed, and negotiations during that period.


At inspection there will be a requirement for QR code checkin, wearing of masks, use of available sanitiser, photo id plus manual recording of your contact information. Social distancing must be maintained both while waiting for entry and during inspection.

EXTRA INFORMATION:
Pre-registration is not required, but please ensure that you have the ability to do the QR code checkin and have your photo identification with you when you come. Due to the high level of interest shown so far please also be patient if you are in a queue waiting to enter - we have to consider density limits as well as the checkin arrangements and will do our best to minimise delays. No private inspections are planned at this stage.

Property History for 11 Merrigum Lane, Launching Place, VIC 3139

A timeline of how this property has performed in the market
Last Sold
$138,000
07 Jan 2002
Listed for Rent
$400/w
09 Jul 2021
  • 24 Jun 2021
    Listed for Rent $400 / week
  • 10 Jun 2020
    Listed for Rent $380 / week
  • 07 Jan 2002
    Sold for $138,000
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About Launching Place 3139

The size of Launching Place is approximately 36 square kilometres. It has 10 parks covering nearly 5.2% of total area. The population of Launching Place in 2011 was 2,491 people. By 2016 the population was 2,392 showing a population decline of 4.0% in the area during that time. The predominant age group in Launching Place is 40-49 years. Households in Launching Place are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Launching Place work in a trades occupation. In 2011, 88.5% of the homes in Launching Place were owner-occupied compared with 88.6% in 2016.

Launching Place has 1,048 properties. Over the last 5 years, Houses in Launching Place have seen a 42.01% increase in median value. As at 31 October 2024:

  • The median value for Houses in Launching Place is $810,907 while the median value for Units is $436,424.
  • Houses have a median rent of $340.
There are currently 4 properties listed for sale, and no properties listed for rent in Launching place on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Launching place.

Suburb Insights for Launching Place 3139

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.