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 › Riverview Pde
$1,125,000
Last sold
28 Jan 2021
7
Bedrooms
3
Bathrooms
4
Car spaces
5,872 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
$1,125,000
28 Jan 2021 · 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
$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
+41.0%
Median sale
Suburb $797,750
-0.94 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 JunctionSet in a commanding, elevated position to take in the glorious north facing mountain and farmland views is this huge family home. Situated on a wonderful size of 1.5 acres approx, this home needs to be seen to be believed. Less than 3 years old, the home is approx 45 squares living & has a very flexible floor plan. Catering for a large family or possible dual accommodation this property has far too many features to mention including;
• 7 bedrooms plus study and 3 bathrooms plus an extra powder room
• Main bedroom complete with ensuite, walk in robe and built in robes
• Open plan living and dining area adjoining well appointed kitchen with white glass Pyro self-clean oven, glass electric cooktop, white ASKO dishwasher and walk in pantry
• Rumpus room with doors leading to own private decking with mountain views. The ideal location for the pool room
• Separate theatre room ideal for a movie night
• At one end of the home there is a huge open plan living room, bathroom and 2 bedrooms. With separate access it is the ideal 2nd accommodation option perfect for older children, elderly parent or a possible B & B option (STCA). With a stunning covered entertaining area overlooking farmland and mountains it could also be the ultimate parents retreat
• Other features include 2 wood heaters, split system, salt water swimming pool with decking & awesome covered area, separate spa, solar panels, 3 phase power, 2 double lock up garages & endless under-house storage
• All of this within walking distance to Yarra Junction township, bus stops & Warburton Rail Trail
So if you are looking for a huge family home, on a large block with stunning views…you must call us today. Homes of this caliber are extremely rare. You don't want to miss this opportunity. An inspection will not disappoint!
Listing description written by Chris Lord, Professionals Andrew McMath Yarra Junction — reproduced as published, not verified by Districts.