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 › Victoria St
$690,000
Last sold
22 Oct 2019
4
Bedrooms
2
Bathrooms
2
Car spaces
4,827 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$690,000
22 Oct 2019 · derived via latest_sale
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.
Vs Launching Place
-13.5%
Median sale
Suburb $798,000
+0.51 pp
Gross yield
Suburb 3.23%
Suburb median $798,000 from 37 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Bell Real Estate Yarra JunctionPerched high on a beautiful native allotment of over an acre of land is this stunning home with superb panoramic views of the magnificent Warburton ranges. A home that captures the imagination and inspires creativity, it gives a feeling of peace and tranquility and is a joy to live in. Beautifully designed to take advantage of the views and surrounds, the home captures light through the large windows and bounces from the vaulted ceilings. The open plan main living zone has a new bright and light kitchen, with a large dining area and the living is spacious with glorious views and encourages you to stay. A secondary living room is a perfect space to unwind with a book or have as the kid’s zone with a built in desk. For sleeping accommodation, there are 4 well-proportioned bedrooms all with built in robes and the master suite provides a large and light filled ensuite. The creature comforts include natural gas ducted heating, split system heating and cooling, wood heating, gas cooking and dishwasher. The home would be ideal for those wishing to go off the grid as the northerly aspect and large roof space is perfect for solar panels, and would lend itself beautifully to a holiday retreat, bed and breakfast or for you to enjoy as your home sanctuary. Ideally located with a short walk or bike ride to the Warburton Trail, this would be prime to take advantage of for an accommodation option for the upcoming Warburton Mountain Bike Trail adventures. With so many options and gob smacking views, this is a property that will bring you much joy.
Listing description written by Samantha Price, Bell Real Estate Yarra Junction — reproduced as published, not verified by Districts.
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