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VIC › Launching Place › Parkinsons Rd

80 Parkinsons Rd, Launching Place VIC 3139

House

$1,410,000

Last sold

3 Apr 2025

3

Bedrooms

1

Bathrooms

10

Car spaces

20,598.499 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 $1,410,000 (3 Apr 2025).(Recorded sale)
  • FactLand 20,598 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

$1,410,000

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.

See the full Launching Place report →

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 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

201920222025$975k$1.41m
  • Sold (recorded)
  1. Sold$1,410,0003 Apr 2025
  2. Listedprice unknowncompleted20 Mar 2025
  3. Sold$975,00026 Sept 2019

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 Parkinsons Rd →

Listing material

Listed by Professionals Andrew McMath Yarra Junction

GREEN VALLEY FARM

Nestled 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.

Read the full description

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.

Property features

  • Living Areas: 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.