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 › Wickhams Rd
$1,390,000
Last sold
6 Mar 2025
5
Bedrooms
3
Bathrooms
7
Car spaces
12,140.569 m²
Land
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
$1,390,000
6 Mar 2025 · derived via latest_sale
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
+74.2%
Median sale
Suburb $797,750
-1.37 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.
The official layer maps a bushfire risk zone on this parcel, intersecting about 91.7% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
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 12,420 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 12,420 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 6; BUSHFIRE MANAGEMENT OVERLAY. 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 12,420 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 12,420 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 6; BUSHFIRE MANAGEMENT OVERLAY. 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 Barry Plant LilydaleSpread across an incredible 3 acres (approx.), this magnificent home brings together the appeal of multiple living zones and blends it with fabulous outdoor entertaining, a separate studio, massive workshop and a huge paddock where you can keep horses or other livestock.
Meticulously maintained, the home's spacious dimensions cater for every occasion and capture the comforts of a lounge and dining room sitting before the warmth of a combustion fireplace and offering an abundance of space for formal entertaining.
The renovated kitchen and adjoining meals zone are equipped with stone benches, 900mm Westinghouse oven/gas cooktop, Miele dishwasher, soft-close cabinetry, corner pantry plus a breakfast bench, while a brilliant family room can be closed off for private relaxation.
Sliding doors are a feature throughout the home, offering easy access outside where you'll find a delightful front verandah and large alfresco overlooking the backyard, pet enclosure and large paddock with shelter.
Ensuring every family member has their own space, the home includes a study plus five bedrooms comprising one with double built-in-robe, two featuring walk-in-robes, master bedroom boasting direct outdoor access, along with a mirrored built-in-robe, walk-in-robe and renovated floor-to-ceiling tiled ensuite with heated towel rail. The fifth bedroom, is ideal for guests, adult children or in-laws, boasting a kitchenette, mirrored built-in-robe, ensuite and independent access. Further serviced by a modern spa bathroom, separate toilet and large laundry.
Adding another element to this already impressive package, the property also comes with a separate studio/bungalow that could easily be adapted for self-contained living (STCA). Embracing a large carpeted living space, office/bedroom and dining area, with three storage rooms offering the potential to convert into a bathroom, toilet and walk-in-robe, if desired (STCA).
Notably appointed with steel frame construction, high ceilings, ducted heating, refrigerated ducted air conditioning, solar hot water system, new carpets in several rooms, connected water tanks, mains water (not treated), water filter to the home, bottled gas, several fruit trees, large aviary, shed, two driveways, single carport plus a massive 6-car garage/workshop with roller door and adjoining double carport.
Offering an idyllic lifestyle, within close proximity to local shops and cafes, Launching Place Primary School, Woori Yallock Primary School, Upper Yarra Secondary College, reserves, Warburton Rail Trail.
Disclaimer: Barry Plant Lilydale has taken every care and precaution in ensuring any and all information contained herein is true and accurate. We accept no responsibility and disclaim all liability in respect to any errors or inaccuracies that may occur from this information. We advise any prospective purchasers/renters to make their own enquiries & due diligence to verify the information provided is correct.
Listing description written by Leah Bannerman, Barry Plant Lilydale — reproduced as published, not verified by Districts.