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 › Braeside Dr
$1,650,000
Last sold
16 Feb 2022
4
Bedrooms
2
Bathrooms
6
Car spaces
12,100 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
$1,650,000
16 Feb 2022 · 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
+106.8%
Median sale
Suburb $797,750
-1.67 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 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
$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 Professionals Andrew McMath Yarra JunctionLooking to escape suburbia and find the perfect lifestyle? Well here it is! This property offers tropical resort style living on almost 3 acres in a quality street on a made road and has everything a family could want. From the front gate to the back paddock you will find immaculate presentation. The rendered brick home offers a large living area with timber floors, a dining area which takes in beautiful mountain views via a perfectly positioned corner window and a modern kitchen with stainless steel appliances. The master bedroom has a walk in robe and modern ensuite and the two further bedrooms have built in robes. There is also a fourth bedroom which could double as a playroom or study. The stylish family bathroom is centrally located and has a bath, toilet, shower and vanity. The laundry is a good size and has direct access to the clothes line. The home is heated and cooled via two split systems and there is also natural gas hydronic heating. At the rear of the home is an enormous entertaining undercover deck ideal for entertaining which takes full advantage of the nearby mountain views. For more family fun there is a fenced inground pool complete with a pool house. This area has bifold doors which open onto the pool area. This space offers another entertaining area complete with a kitchen and plenty of room for a table and chairs plus the pool toys. The two outdoor entertaining areas also have their own separate powder rooms. The property has two driveways and the main concrete drive wraps around an enormous feature palm tree. This driveway leads to a double lock up garage which has an office space at the rear. The second driveway is ideal for the tradesperson as it leads to a fenced gravel yard and keeps everything separate. This is an ideal space to house machinery or building materials. This property has loads of shedding including a huge machinery shed with power, a toilet, concrete floors, a wood heater and separate office space. There is also a further shed which is the ultimate man cave complete with a bar. There are plenty of spaces to park the boat, caravan and lawnmowers and even a stable /tack room area. For the kids there is a fenced space complete with a cubby house and sandpit. For the pony lovers there are two paddocks complete with post and rail fencing, a loose box and even a round yard. Established gardens surround the home and a full surveillance system covers the entire property.
Listing description written by Ashleigh Hall, Professionals Andrew McMath Yarra Junction — reproduced as published, not verified by Districts.