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 › Glenview Rd
$1,500,000
Last sold
1 Nov 2025
4
Bedrooms
2
Bathrooms
7
Car spaces
107,100 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
$1,500,000
1 Nov 2025 · 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
+88.0%
Median sale
Suburb $797,750
-1.51 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 JunctionWelcome to your new home set on approximately twenty-four acres, in a picturesque rural setting! This established property presents an exceptional opportunity for hobby farmers, horticulturists, tradespeople, or those seeking a peaceful country lifestyle immersed in nature. Boasting filtered mountain views and in proximity to the Yarra Trail and local amenities, this location offers seclusion and convenience in equal measure.
This sandstone look, country residence exudes character, comfort and is designed with family living in mind. The main bedroom is a true retreat, complete with a spacious walk-in robe, a stylish private ensuite, and serene garden views that invite relaxation. Each of the additional three bedrooms also enjoy beautiful outlooks over the lush, established gardens and are fitted with built-in robes, offering comfort and functionality for the whole family. The central kitchen, featuring ample cupboard space, flows effortlessly into a cosy family/meals area. This inviting space is enhanced by a charming bay window, a decorative ceiling, and a wood heater that adds warmth. Just beyond, the light filled lounge room provides the perfect place to unwind. Year round comfort is ensured by gas ducted heating and split system units throughout the home. Thoughtfully designed for everyday convenience, the layout also includes a mud room, separate laundry, a family bathroom with bath, vanity and shower, plus a separate toilet.
This home offers expansive verandahs, single carport, underhouse storage, and substantial infrastructure to support horticultural or farming pursuits. Further inclusions are machinery sheds, a small lock-up shed, shade houses, a poly tunnel, and a chook shed. A dedicated lunchroom with a toilet, multiple watering points, tank, mains water and solar panels further enhance the property's practicality. The as-new fencing, orchard and expansive lawn areas surrounded by ornamental trees complete the picture of a well-maintained rural haven.
This remarkable property is a true rural retreat, thoughtfully established to support a sustainable lifestyle or horticultural pursuits. Once operating as a wholesale nursery, the property is equipped with substantial infrastructure that offers exciting potential for future agricultural, commercial, or lifestyle use. Expansive verandahs, a single carport, underhouse storage, and well-planned facilities ensure both comfort and versatility.
Features include multiple machinery sheds, a small lock-up shed, shade houses, three green houses and a chook shed-providing an excellent foundation for growing or farming. A dedicated lunchroom with a toilet, multiple watering points, 2 tanks and mains water, and solar panels further enhance the property's self-sufficiency and practicality.
Set among beautifully maintained grounds of open lawns, established gardens, and native bushland, the land also offers two large paddocks-one with a dam-suitable for animals, crops, or further development. The as-new fencing, productive orchard, and sweeping lawns framed by ornamental trees reflect the care and vision invested into this special property.
A further highlight of the property is a preserved natural haven, home to koalas, kangaroos, kookaburras, owls, and king parrots. Rare trees, diverse forest vegetation, and fascinating fungi create a rich biodiversity, while the striking Manna Gums along the Hoddles Creek add to the charm. The nearby Wanderslore Sanctuary-a 10-hectare reserve on Wurundjeri Country, further enhances the environmental and cultural significance of the area.
Lovingly maintained by its current owners, this property is ready for its next chapter. Whether you're a grower, nature enthusiast, or simply dreaming of a peaceful and sustainable lifestyle, this rare offering presents the perfect blend of natural beauty, practicality, and potential.
For more information, contact our office on 5967 1800.
FURTHER CONTACT
By enquiring on or inspecting this property, you agree to receive further marketing information from us about other properties. To opt out of this, please contact our office on 5967 1800
Listing description written by Ashleigh Hall, Professionals Andrew McMath Yarra Junction — reproduced as published, not verified by Districts.