OFF MARKET

111 Barak Drive
Launching Place VIC 3139

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 275m2
Land area: 8819m2
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Property Details for 111 Barak Dr, Launching Place

111 Barak Dr, Launching Place is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 8819m2 and floor size of 275m2. While the property is not currently for sale or for rent, it was last sold in March 2013.

Building Type
House
Year Built
2015
Floor Size
275m2
Land Size
8819m2
Local Government
Yarra Ranges
Lot/Plan
PC354856

Last Listing description (March 2013)

2.2 Acres Approx
This type of property is often sought but rarely found, however here is your opportunity! A private driveway leads to the centre of the property where the old cottage sits. Great mountain views are had and there is some shedding, a water bore & some old fruit trees. The old cottage is probably beyond repair, however this is a great canvas for your new home (STCA). Some services are available and the property is centrally located between Launching Place and Yarra Junction with the shops, schools, Yarra Trail and public transport all close by. This is a fabulous opportunity to acquire small acreage in the Yarra Valley with history and loads of potential!

Property History for 111 Barak Dr, Launching Place, VIC 3139

A timeline of how this property has performed in the market
Last Sold
$327,500
21 Mar 2013
  • 21 Mar 2013
    Sold for $327,500
  • 27 Feb 2013
    Listed for Sale $320,000 - $350,000
  • 24 Apr 2004
    Sold for $294,000
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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 5 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.