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VIC › Launching Place › Gembrook Launching Place Rd

390 Gembrook Launching Place Rd, Launching Place VIC 3139

For saleHouse

$1,650,000–$1,725,000

For sale

Asking range

7

Bedrooms

5

Bathrooms

10

Car spaces

44,515.421 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,650,000–$1,725,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,650,000–$1,725,000(Listing record · 26 Aug 2026)
  • FactLand 44,515 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Launching Place (last 5 years) with land size: median $517/m² of land (n=98). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 107% above the Launching Place median recorded sale ($798,000, n=37, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Launching Place's advertised median rent ($496/wk), implied gross yield would be 1.56% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,650,000–$1,725,000

Asking range · $37/m² of land

No recorded sale for this property.

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.

See the full Launching Place report →

Vs Launching Place

+106.8%

Median sale

Suburb $798,000

-1.67 pp

Gross yield

Suburb 3.23%

Suburb median $798,000 from 37 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,650,000
Stamp Duty (Victoria)
$90,750
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,748,064

$98,064 on top of the price (5.9% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Launching Place's advertised median rent — not a rent for this listing.

Net yield
0.06%
Annual cashflow (pre-tax)
$-84,758
Interest cover (DSCR)
0.01
Annual rent
$25,792
Operating expenses
$24,750
Loan amount
$1,320,000
Annual interest
$85,800
Gross yield
1.56%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,650,000–$1,725,000available25 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Nearby

Nearby properties

  • 195 Gembrook Launching Place Rd, Launching Place VIC 3139
  • 273 Gembrook Launching Place Rd, Launching Place VIC 3139
  • 255 Gembrook Launching Place Rd, Launching Place VIC 3139
  • 38 Gembrook Launching Place Rd, Launching Place VIC 3139

Area

Launching Place in one glance

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.

See the full Launching Place report →

Keep researching

  • Why Launching Place? Read the area thesis →
  • What else is on the market in Launching Place →
  • Other records on Gembrook Launching Place Rd →

Listing material

Listed by Bell Real Estate Emerald

The Complete Acreage Lifestyle – Two Homes on 11 Acres.

Set across approximately 11 acres, this impressive lifestyle property delivers an exceptional combination of space, privacy and versatility, with two separate residences, extensive shedding, seven fenced paddocks and superb outdoor entertaining. Perfectly suited to multi-generational families, those seeking guest accommodation or buyers looking for additional income potential, this is a property designed to adapt to every stage of life.

The substantial main residence is introduced by an undercover entry, opening into a spacious kitchen and dining zone finished with tiled flooring. The beautifully appointed kitchen features a gas cooktop, dishwasher, generous storage and expansive bench space incorporating a breakfast bar. A skylight fills the adjoining dining area with natural light, while a split system ensures year-round comfort.

Two bedrooms are positioned at the front of the home, including one with built-in robes and another with a walk-in robe and private ensuite. At the opposite end, the generous lounge creates an inviting retreat with laminate timber flooring, a new woodfire, split system and an abundance of windows framing the surrounding landscape. A third bedroom with built-in robes and its own ensuite, along with the laundry and separate toilet, complete the ground floor.

Read the full description

Upstairs provides further privacy with two beautifully proportioned bedrooms, each featuring plantation shutters, its own walk-in robe, ensuite and split system. The impressive master suite offers a peaceful escape, while the additional ensuite bedroom is ideal for older children, extended family or guests.

Wrapping around three sides of the residence, the undercover verandah provides multiple places to relax and entertain while creating a seamless connection to the outdoors. From here, the home opens to the solar-heated chlorine swimming pool, setting the scene for long summer afternoons, family gatherings and entertaining on a grand scale.

Adding enormous appeal is the second residence, completely separate from the main home and offering outstanding flexibility for extended family, independent living, guests or potential rental accommodation. An undercover entry leads into the lounge, while the adjoining kitchen includes an electric cooktop, wall oven and excellent storage. The dining area opens directly onto an undercover entertaining area, extending the living space outdoors. Two bedrooms, both with built-in robes, are serviced by a central family bathroom.

Beyond the residences, the property continues to impress with infrastructure perfectly suited to a rural lifestyle. A substantial 11m x 13m barn with 15amp power provides exceptional space for machinery, vehicles, a workshop or storage, complemented by a double garage and double carport. A generator plug provides additional peace of mind and practical backup power capability, while a separate studio adds yet another versatile space for a home office or creative studio.

With seven fenced paddocks spread across approximately 11 acres, double stables/shelter, giving excellent scope for horses, livestock or hobby farming, while still providing plenty of room to simply enjoy the peace and freedom of acreage living.

Offering two homes, four ensuite bedrooms within the main residence, a swimming pool, substantial shedding, studio, generator plug and extensive paddock infrastructure, this remarkable property presents a rare opportunity to secure a truly versatile lifestyle property where family, entertaining and country living come together beautifully.

This property has it all so don’t miss out

CALL TO ARRANGE A PRIVATE INSPECTION TODAY!

Call Brennan Mileto 0422 996 451 or Aaron Day 0407 365 994

Please note: All property details shown are correct at time of publishing. Some properties may have been sold in the preceding 24 hours and we recommend that you confirm open for inspection times with the listing agent direct or the listing office.

Listing description written by Brennan Mileto, Bell Real Estate Emerald — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Outdoor Entertaining
  • Toilets: 6
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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