5 Sundew Parade, Launching Place, VIC 3139 | Property Value & History | OnTheHouse
OFF MARKET

5 Sundew Parade
Launching Place VIC 3139

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 116m2
Land area: 1412m2
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Property Details for 5 Sundew Pde, Launching Place

5 Sundew Pde, Launching Place is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 1412m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Year Built
1970
Floor Size
116m2
Land Size
1412m2
Local Government
Yarra Ranges
Lot/Plan
4/LP20423

Last Listing description (July 2026)

This charming home presents an exciting opportunity for first-home buyers, renovators, or investors seeking an affordable property with outstanding potential. Set on a generous block of just over 1,400sqm, the desirable location only a short stroll to the rail trail, stunning mountain views, and peaceful surroundings provide the perfect foundation to create something truly special.
Surrounded by established trees and lush greenery, the property enjoys a picturesque setting in a quiet and sought-after neighborhood. From the moment you step inside, the home's character and welcoming atmosphere are sure to capture your heart. Full of warmth and old-world charm, this is a place where new owners can bring their vision to life and create lasting memories.

The cosy lounge features a wood fire, while two split-system air conditioners and mains gas ducted heating ensure year-round comfort. The adjoining dining area is perfectly positioned to take in the beautiful views, creating an inviting space to relax and entertain.
The centrally located kitchen offers everything you need to cook up a storm, while the beautifully updated family bathroom is a standout feature. Complete with a stunning claw-foot bath and breathtaking outlook, it provides a truly immersive and relaxing experience.
The spacious master retreat offers a blank canvas with endless potential to transform it into a luxurious sanctuary. Currently incorporating a study, large walk-in robe, and private balcony access, the possibilities are exciting. Two additional bedrooms complete the home's accommodation.
Outside, there's plenty to explore. The fully fenced yard provides ample space for families and pets, while multiple sheds and storage areas, a dog pen, and a separate studio/bungalow offer fantastic flexibility and future potential. With good parking, room to expand, and an outlook that is simply unforgettable, this property offers exceptional value and endless opportunity.
Properties with this much potential, character, and land are becoming increasingly hard to find. Be quickthis one won't last long.

Property History for 5 Sundew Pde, Launching Place, VIC 3139

A timeline of how this property has performed in the market
Last Sold
$677,000
24 Feb 2023
  • 15 Jun 2026
    Listed for Sale $670,000 - $735,000
  • 24 Feb 2023
    Sold for $677,000
  • 04 Feb 2023
    Listed for Sale $620,000-$680,000
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About Launching Place 3139

The size of Launching Place is approximately 36.0 square kilometres. There are 10 parks, covering nearly 5.2% of the total area. The population of Launching Place in 2016 was 2394 people. By 2021 the population was 2495 showing a population growth of 4.2% in the area during that time. The predominant age group in Launching Place is 20-29 years. Households in Launching Place are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Launching Place work in a trades occupation.In 2021, 91.50% of the homes in Launching Place were owner-occupied compared with 88.60% in 2016.

Launching Place has 1,049 properties. Over the last 5 years, Houses in Launching Place have seen a 11.21% increase in median value. As at 31 May 2026:

  • The median value for Houses in Launching Place is $852,531 while the median value for Units is $562,763.
  • Houses have a median rent of $340.
There are currently 4 properties listed for sale, and no properties listed for rent in Launching place on OnTheHouse. According to Cotality's data, 44 properties were sold in the past 12 months in Launching place.

Suburb Insights for Launching Place 3139

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.