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VIC › Launching Place › Silverwattle Rd

5 Silverwattle Rd, Launching Place VIC 3139

House

$1,180,000

Last sold

26 Mar 2025

4

Bedrooms

2

Bathrooms

8

Car spaces

14,163.997 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,180,000 (26 Mar 2025).(Recorded sale)
  • FactLand 14,164 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Launching Place (last 5 years) with land size: median $518/m² of land (n=97). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,180,000

26 Mar 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.

See the full Launching Place report →

Vs Launching Place

+47.9%

Median sale

Suburb $797,750

-1.04 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 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. Sold$1,180,00026 Mar 2025
  2. Listedprice unknowncompleted7 Jan 2025

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

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

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.

Area

Launching Place in one glance

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.

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 Silverwattle Rd →

Listing material

Listed by Professionals Andrew McMath Yarra Junction

SPACE, COMFORT, AND LIFESTYLE LIVING

Perfectly positioned on a quiet, peaceful street, this brick family home rests on over 3.5 acres of land, seamlessly blending space, comfort, and functionality. Dual road access has been thoughtfully utilised with a drive through concrete driveway that leads to a central undercover entryway, framed by mature native gardens and leafy canopies, setting the tone for the tranquil lifestyle that awaits.

Inside, the home provides an abundance of living options, catering to both relaxation and connection. A welcoming parents’ retreat creates a cosy atmosphere with an open fireplace, perfect for winter evenings, and flows seamlessly into the formal dining room. A secondary living space offers a wonderful place to gather with family or host friends, complete with wood fire heating. The U-shaped kitchen is well-appointed with ample bench space, generous storage, and beautiful garden views, opening directly to the informal dining area for everyday convenience. Adding to the home’s character are lovely bay windows, which frame views of the garden and flood the interiors with natural light. The comfort of gas ducted heating ensures warmth throughout the home during cooler months.

The primary bedroom is a spacious private haven, featuring a walk-in robe and an ensuite complete with a spa bath, shower, and toilet. Three additional bedrooms provide excellent accommodation for family or guests, with one offering the potential to serve as a home office or study space. The shared bathroom is functional and well-equipped, complemented by a separate toilet for added convenience.

Read the full description

Stepping outside, the property continues to impress with its meticulously cared-for grounds. A paved entertaining area bordered by established gardens provides a tranquil setting for alfresco dining, partially shaded by an undercover patio. The brick paving flows down to a gorgeous, light-filled pool house that creates the perfect summer retreat for families, complete with a fabulous solar-heated pool ready for endless enjoyment. Beyond the vegetable garden, citrus trees add to the property’s productive offerings, ideal for those seeking a self-sufficient lifestyle. Fully fenced and thoughtfully designed, the yard offers peace of mind for children and pets to roam and play freely.

The extensive shedding includes wood storage and provides ample space for tools and equipment, while the 4-car garage with roller doors ensures secure parking and additional storage. Gated access from the driveway flows down to the land at the back, where sheep have previously grazed, presenting opportunities for further use as a hobby farm or additional paddocks.

Adding to its appeal, a nearby track at the end of the road leads directly to the Warburton Rail Trail and the popular Home Hotel Pub, providing endless opportunities for outdoor adventures, walking, cycling, or enjoying a meal at the iconic local venue.

Conveniently located, this outstanding property is just a short drive to the townships of Launching Place, Yarra Junction, and Woori Yallock, where a wide array of amenities, kindergartens, primary schools, shops, public transport and services are easily accessible. Nestled within a vibrant and welcoming community, this home offers an exceptional lifestyle opportunity for families seeking space, comfort, and a peaceful rural setting. Contact our friendly team at 5967 1800 to arrange an inspection today.

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.

Property features

  • Toilets: 2
Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.