Launching Place at a glance
2,476
People
$798,000
Median sale
$496/wk
Median rent
3.23%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
VIC › Launching Place › Greenwood Dr
3
Bedrooms
1
Bathrooms
2
Car spaces
829 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Launching Place (last 5 years) with land size have a median of $517/m² of land (n=98). Districts calculation from recorded sales — not a valuation.
Launching Place at a glance
2,476
People
$798,000
Median sale
$496/wk
Median rent
3.23%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 5
NRZ5
Jurisdiction
Yarra Ranges
Yarra Ranges, VIC
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 5 · NRZ5 (ZN). Official parcel area about 831 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $496/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 5 · NRZ5 (ZN). Official parcel area about 831 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 831 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Launching Place at a glance
2,476
People
$798,000
Median sale
$496/wk
Median rent
3.23%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals Andrew McMath Yarra JunctionNestled in a highly sought after pocket of Launching Place, this beautifully maintained family home offers warmth, character and functionality, presenting an outstanding opportunity for its next owner.
Step inside to discover a welcoming interior highlighted by a spacious sunken lounge featuring raked timber ceilings, feature internal brickwork and a cosy gas log heater, creating the perfect space to relax and unwind. Flowing seamlessly from the living area is the meals zone and a modern, light filled kitchen complete with quality cabinetry, a dishwasher, large oven, and cooktop, all overlooking the expansive backyard.
The home offers comfortable accommodation with three generously sized bedrooms, all fitted with built in robes, including a spacious main bedroom. One of the secondary bedrooms also enjoys the convenience of a split system unit. Year round comfort is assured with ducted gas heating and an air conditioning unit in the meals area.
Servicing the bedrooms is a well appointed family bathroom featuring a shower, bath and vanity, complemented by a separate toilet and a generously sized laundry offering excellent storage solutions.
Outside, the appeal continues with a large, fully fenced backyard providing plenty of space for children and pets to enjoy. Established low maintenance gardens, a garden shed and a spacious paved entertaining area create the ideal setting for hosting family and friends throughout the seasons.
Adding further value is the impressive double lock up garage, complete with two roller doors, concrete flooring and power, making it an excellent option for tradies or those seeking additional storage and workspace.
Conveniently positioned close to the local primary school, bus stops, shops and parklands, this much loved family home perfectly combines comfort, space, and convenience in a highly desirable location.
With so much on offer, this is an opportunity not to be missed.
Drone Disclaimer: All boundary lines shown in aerial drone images are approximate and for visual representation only. They do not constitute a legal survey or exact property measurements. Buyers are encouraged to verify boundary details independently.
FURTHER CONTACT: By enquiring on or inspecting this property, you agree to receive further marketing information from us about other properties. To opt out of this, please contact our office on 5967 1800
PARKING: Parking on some roads may be limited. Clients are reminded that parking for inspections is their own responsibility and we kindly ask that you take care when doing so.
Listing description written by Ashleigh Hall, Professionals Andrew McMath Yarra Junction — reproduced as published, not verified by Districts.
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