27 Greenwood Drive

Launching Place VIC 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 41.01% increase in median value. As at 30 September 2024:

• The median value for Houses in Launching Place is $816,644 while the median value for Units is $534,452.
• Houses have a median rent of $340.