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This property has been sold for $975,000 on 23 May 2026
32 days on market
Market context at sale
Property overview
This 4-bedroom house at 3090 Gembrook-Launching Place Road in Gembrook, VIC 3783 sold for $975K in May 2026, with 1 bathroom. It offers a 3,300 m2 block and 367 m2 of internal living space. Gembrook is about 54 km from the CBD. Council data records bushfire overlay on the site. There are 3 schools within roughly 5km, and the area scores 10 for walkability and 13 for transit out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $990,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
- Planning overlay risk
Listed
Updated
Days on market
32
Investment Score
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Est. Valuation
$971,100
Potential Sell Price
Est. Rent/wk
$663
Potential Gross Yield
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Key Highlights
Planning Overlays
Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
From the listing description
Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.
Total Cost to Purchase
- Purchase Price
- $990,000
- Stamp Duty (Victoria)
- $54,450
- Transfer/Registration Fee
- $2,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $1,049,650
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Listed
- Last Updated
- Postcode
- 3783
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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