I've not used it myself, but have specified it a few times for cladding the outside of buildings.....it is very durable.
I don't know how well it planes up, or takes a finish, but judging by this from Wikipedia:
Larch is a wood valued in for its tough, waterproof and durable qualities; top quality knot-free timber is in great demand for building yachts and other small boats, for exterior cladding of buildings and interior panelling. The timber is resistant to rot when in contact with the ground, and is suitable for use as posts and in fencing. The hybrid Dunkeld Larch is widely grown as a timber crop in northern Europe, valued for its fast growth and disease resistance.
.........it sounds ideal for the job you are proposing.
Funny to think that Acacia is the favourite food of giraffes and elephants! Those thorns, which can go straight through a truck tyre, present no problems for the insides of their mouths, including their tongues. Indeed.......they go straight through the digestive system and lie waiting in the dung for the next car tyre that drives over them!!
Mike