Launching Place at a glance
2,476
People
$797,750
Median sale
$496/wk
Median rent
3.23%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
VIC › Launching Place › Warburton Hwy
$1,225,000
Last sold
20 Aug 2024
4
Bedrooms
2
Bathrooms
6
Car spaces
5,882 m²
Land
243 m²
Building
Districts View
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
$1,225,000
20 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Launching Place (last 5 years) with land size have a median of $518/m² of land (n=97). Districts calculation from recorded sales — not a valuation.
Launching Place at a glance
2,476
People
$797,750
Median sale
$496/wk
Median rent
3.23%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Launching Place
+53.6%
Median sale
Suburb $797,750
-1.12 pp
Gross yield
Suburb 3.23%
Suburb median $797,750 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK
TRZ2
Jurisdiction
Yarra Ranges
Yarra Ranges, VIC
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 TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 5,881 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. Official parcel about 5,881 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 6; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1; EROSION MANAGEMENT OVERLAY - SCHEDULE 3; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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 TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 5,881 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?
KnownlowOfficial parcel about 5,881 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 6; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 1; EROSION MANAGEMENT OVERLAY - SCHEDULE 3; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
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
$797,750
Median sale
$496/wk
Median rent
3.23%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Eview GroupA prime Warburton Highway position, lovely old milking sheds converted to garaging and workspace, and a substantial home; this property ticks a lot of boxes for the discerning buyer. With the Warburton Rail Trail at your back door, there will never again be the excuse of no time to exercise!
This home has stood the test of time in both layout and quality of the build. While a large portico leads to the front door, its more typical to enter the home through the sliding glass doors located to the side, leading directly into the kitchen and dining area. A far more social approach, the kitchen has a great layout for both cooking and entertaining, with extensive storage and bench space on offer, as well as the quality appliances. Adjacent is the formal dining space, with its beautiful port hole window framing the views across farmland into the mountains beyond. An ever changing picture.
A large sunken lounge has the sense of separation, and features a fabulous bar arrangement, as well as a bank of windows and doors, again capturing the views, and allowing access into the alfresco area, where beyond sits a lovely private inground pool.
Adjacent to the front door is a generous study, or fourth bedroom, while the three remaining bedrooms are separate to the living space, great for shutting away noise as well as energy efficiency in these times of escalating cost! Solar panels on the roof also help reduce the running costs.
A huge master bedroom has exterior access and perfectly positioned to take advantage of a late-night dip in the pool. A walk-in wardrobe serves the room well, while the large ensuite featuring a geat deal of storage space!!
Two further oversized bedrooms are down the hall, both with BIRs and easily accommodate desks and queen sized beds. These rooms are served by a powder room, and a large family bathroom, complete with corner spa and separate shower.
An extra large double garage has access directly inside, making dealing with shopping and rainy days easy. The extensive character filled dairy sheds offer a plethora of garaging / workshop options and could open up the possibility of running a business that takes advantage of the prime location of both the Warburton Highway at the front and the Warburton Rail Trail at the rear...(STCA)
A wander up the highway finds you at the recently renovated Home Hotel (also within walking distance via the rail trail), Launch Fresh, a choice of local primary schools, while buses regularly traverse the Highway offering a choice of high schools. Further along the Highway leads you to the villages of Wesburn, with its lovely cafe, artisan baker and cheesemaker make this a must stop destination, and Warburton, where the Yarra River is a perfect place to sit at any time of the year, as well as a wander through the shops. Or travelling back towards Lilydale; and all of its' services, takes you through Wandin and Seville and all that their central shopping center's offer. And of course, the junction of Don Rd and the Warburton Highway (at the Home Hotel) takes you on to Healesville and Yarra Glen and the plethora of destinations that will occupy your weekends for years to come.
Other Features
• Slab Heating
• Split Systems
• 34 Solar Panels (at time of installation quoted at 13 Kw/hr system by installer)
• Ducted Vacuum system
• Land size 5882m2 approx
Listing description written by Ian Vine, Eview Group — reproduced as published, not verified by Districts.