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 › Parkinsons Rd
$1,410,000
Last sold
3 Apr 2025
3
Bedrooms
1
Bathrooms
10
Car spaces
20,598.499 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
$1,410,000
3 Apr 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
$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
+76.7%
Median sale
Suburb $797,750
-1.40 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 JunctionNestled in the tranquil surrounds of the Yarra Valley, Green Valley Farm offers an exceptional opportunity to embrace a sustainable, private country lifestyle. Set on approximately 5 acres of beautifully maintained land, this property seamlessly blends established gardens, productive paddocks and top tier facilities to create an idyllic sanctuary. As you drive down the picturesque, maple and pine tree lined driveway, you'll be greeted by a stunning three bedroom bluestone home surrounded by 2.5 acres (approx.) of lush country gardens. The homestead is a true gem and offers a peaceful retreat with every window showcasing the beauty of the surrounding landscape. Featuring polished timber floors, exposed bluestone walls, a family room, meals area and lounge with a Cheminee Phillippe wood fire. The timber kitchen is equipped with a Falcon stove and dual drawer dishwasher and the home also benefits from ducted evaporative cooling and bottled gas hydronic heating for year-round comfort. The spacious main bedroom and second bedroom include built in robes and the stylish family bathroom offers a vanity, shower and toilet. Verandahs wrap around the home and the covered entertaining area is ideal for family gatherings whilst enjoying the outdoor beauty that surrounds the home.
The cottage garden encompasses a mix of, daffodils, tulips, roses, azaleas, a stunning wisteria and so much more. The garden's woodland areas provide plenty of shaded spots perfect for picnics, while a magnificent vegetable patch with 12 garden beds and a 25-metre enclosed berry tunnel (with its own watering system) offer endless opportunities for homegrown produce. An impressive collection of fruit trees, including plums, peaches, apples, and cherries, plus a passionfruit vine this property is a true horticultural paradise with a designated potting shed and greenhouse. Established magnolias, camellias, rhododendrons, and crepe myrtles further enhance.
Water is plentiful with a bore water system and water tanks holding a combined 75,000 litres, ensuring the gardens thrive all year round. A private dam features a gazebo, pontoon and picnic table. This area creates a perfect spot to unwind, swim, and enjoy backyard camping (with access to power). The property's extensive shedding includes a double lock up garage, caravan shed, storage containers, lock up machinery shed, chook shed and an enormous workshop with power and water which is ideal for a variety of uses. There is also a fabulous home workspace with built in cupboards, a Nectar wood fire and split system heating and cooling. For those with animals, the property offers five fenced paddocks, two stables, and a tie-up area, making it perfect for horses or other livestock. There is plenty of room for kids to play and explore or build an arena etc.
Green Valley Farm also offers a private, self-contained cottage with wood heating, perfect for hosting guests or providing additional space for family.
With a solar system to reduce energy costs and lighting throughout the property, this home is designed for sustainability and comfort.
Located just a short 5-minute drive from the Yarra Junction township and just over an hours' drive from Melbourne's CBD, Green Valley Farm offers a rare opportunity to live the dream country lifestyle with plenty of space for gardening, animals and outdoor enjoyment. The property has even featured in the summer 2022 edition of the local YARRA magazine. This is more than just a home, it's a place to create, make memories and enjoy a lifestyle of serenity and self-sufficiency. Don't miss out on this unique opportunity – contact us today to make Green Valley Farm your forever home!
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.