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 › Milners Rd
$1,290,000
Last sold
28 Nov 2025
4
Bedrooms
2
Bathrooms
10
Car spaces
24,634 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
$1,290,000
28 Nov 2025 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
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
$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
+61.7%
Median sale
Suburb $798,000
-1.23 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 Real Estate Yarra ValleyIf privacy and space are boxes you need ticked, then look no further, this property has that and more. Perfectly positioned between Yarra Junction and Launching place makes for easy access to both precincts for schools, shopping and public transportation. The home can accommodate a growing family comfortably with benefits of open spaces for those outdoor activities the family can enjoy together.
• 2.64ha or, 6.6 acres with a mixture of open paddock and natural bushland.
• The kitchen is well equipped with quality appliances with ample storage and bench space and is adjacent to the family meals space.
• If you like to spread out in the lounge room, this one offer's that in spades.
• Four bedrooms, ensuite to master with built in robes to all
• Family bathroom, with a separate toilet
• The option for a retreat or a study / home office space
• Open fireplace in family room, wood fire in lounge room, ducted refrigerated heating and cooling.
• Solar system
• Now if you need a room for home theatre / entertaining, home studio, work from home space or a fifth bedroom guest room, it's right here.
• The spa / gym room is fully enclosed and can be opened up on those sunny days and fully locked up when not in use.
• Half basketball court
• Two dams
• Established mature gardens
• Over 100,000 L of tank water
• Chicken shed and run
Parking and shedding
• The meandering concrete driveway is a huge plus
• Carport at the house
• Four car lock up garage plus a storage roofed space attached
• Open bay machinery shed
• Drive through garage for those high caravans and boats needing storage
• Fully enclosed and secure small storage shed or children's playhouse.
• Lots of on-site parking for machinery, friends and family
This is a real winner for anyone looking for a secure safe place to call home and raise their family in a very private setting.
Listing description written by Stuart Aldridge, Real Estate Yarra Valley — reproduced as published, not verified by Districts.
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