Launching Place Suburb Profile
Victoria 3139

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Launching Place has 1,048 properties. Over the last 5 years, Houses in Launching Place have seen a 42.08% increase in median value. As at 30 November 2024:

  • The median value for Houses in Launching Place is $822,585 while the median value for Units is $519,098.
  • 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, 35 properties were sold in the past 12 months in Launching place.

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.

Suburb Insights for LAUNCHING PLACE 3139

Market Insights
Launching Place Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Launching Place Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 2,392

0-9

 

13%

10-19

 

14%

20-29

 

12%

30-39

 

12%

40-49

 

15%

50-59

 

14%

60-69

 

12%

70-79

 

5%

80-89

 

1%

90-99

 

1%

Household Structure
Occupancy

Last Updated: 23/12/2024

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.