1 Valewood Drive, Launching Place, VIC 3139 | Property Value & History | OnTheHouse
 
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1 Valewood Drive
Launching Place VIC 3139

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 116m2
Land area: 872m2
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Last updated 5 Jan 2026
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Property Details for 1 Valewood Dr, Launching Place

1 Valewood Dr, Launching Place is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 872m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
House
Year Built
1960
Floor Size
116m2
Land Size
872m2
Local Government
Yarra Ranges
Lot/Plan
34/LP83555

Last Listing description (January 2024)

Positioned to please and in a popular and convenient location this superb home offers 3 bedrooms all with built robes, separate family/living and meals areas give the growing family plenty of space to spread out. Good size kitchen area with ample bench and plenty of cupboard space, outside offers plenty of space as well with a great size back yard securely fenced for the kids and pets to run around and enjoy.
A covered entertaining area with filtered mountain views and overlooking the picturesque established gardens is the ideal place to gather for summertime BBQs and entertaining.

Ample car accommodation plus under house storage/workshop space, a great family home in a popular and sort after area and conveniently situated just a short walk to local schools, shops and public transport, it's a great place to call home.

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Property History for 1 Valewood Dr, Launching Place, VIC 3139

A timeline of how this property has performed in the market
Last Sold
$635,000
13 Dec 2023
  • 13 Dec 2023
    Sold for $635,000
  • 22 Nov 2023
    Listed for Sale Not Disclosed
  • 13 Nov 2013
    Sold for $307,000
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About Launching Place 3139

The size of Launching Place is approximately 36.0 square kilometres. It has 10 parks covering nearly 5.2% of total area. The population of Launching Place in 2016 was 2394 people. By 2021 the population was 2495 showing a population growth of 4.2% in the area during that time. The predominant age group in Launching Place is 20-29 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 2021, 91.50% of the homes in Launching Place were owner-occupied compared with 88.60% in 2016.

Launching Place has 1,048 properties. Over the last 5 years, Houses in Launching Place have seen a 25.36% increase in median value. As at 31 December 2025:

  • The median value for Houses in Launching Place is $851,101 while the median value for Units is $571,683.
  • Houses have a median rent of $340.
There are currently 3 properties listed for sale, and no properties listed for rent in Launching place on OnTheHouse. According to Cotality's data, 49 properties were sold in the past 12 months in Launching place.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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