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VIC › Armstrong Creek › Corella Rd

13 Corella Rd, Armstrong Creek VIC 3217

House

$630,000

Last sold

1 July 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

372 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 $630,000 (1 July 2024).(Recorded sale)
  • FactLand 372 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Armstrong Creek (last 5 years) with land size: median $1,738/m² of land (n=118). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned URBAN GROWTH ZONE - SCHEDULE 2 (UGZ2) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  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

$630,000

1 July 2024 · derived via latest_sale

Local land rate: recorded House sales in Armstrong Creek (last 5 years) with land size have a median of $1,738/m² of land (n=118). Districts calculation from recorded sales — not a valuation.

Armstrong Creek at a glance

17,550

People

$695,000

Median sale

$583/wk

Median rent

4.36%

Suburb gross yield

Median sale from 92 recorded sales (last 12 months) — a Districts calculation.

See the full Armstrong Creek report →

Vs Armstrong Creek

-9.4%

Median sale

Suburb $695,000

+0.45 pp

Gross yield

Suburb 4.36%

Suburb median $695,000 from 92 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

URBAN GROWTH ZONE - SCHEDULE 2

UGZ2

Jurisdiction

Greater Geelong

Greater Geelong, VIC

Planning overlays

  • DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 425327077

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$630,0001 July 2024
  2. Listedprice unknowncompleted29 May 2024
  3. Listedprice unknowncompleted29 May 2024

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?

Confidence: medium

Zoned URBAN GROWTH ZONE - SCHEDULE 2 · UGZ2 (ZN). Official parcel area about 373 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3. This overlay can reduce what the land size appears to promise. 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 $583/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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned URBAN GROWTH ZONE - SCHEDULE 2 · UGZ2 (ZN). Official parcel area about 373 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownlow

    The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 3. This overlay can reduce what the land size appears to promise.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Armstrong Creek in one glance

Armstrong Creek at a glance

17,550

People

$695,000

Median sale

$583/wk

Median rent

4.36%

Suburb gross yield

Median sale from 92 recorded sales (last 12 months) — a Districts calculation.

See the full Armstrong Creek report →

Keep researching

  • Why Armstrong Creek? Read the area thesis →
  • What else is on the market in Armstrong Creek →
  • Other records on Corella Rd →

Listing material

Listed by McGrath Geelong | Newtown

Stylish Family Living

Discover the perfect blend of style and convenience in this beautifully designed low-maintenance home, ideally situated just moments from the Warralily Village shopping precinct, local schools and daycare centres, making everyday life a breeze. The area also boasts beautiful parklands, walking tracks and variety of playgrounds, ensuring there's something to enjoy for the whole family.

Step inside to a thoughtfully designed floorplan that maximizes both space and comfort. The spacious master suite, features a large walk-in robe and an ensuite, providing a peaceful retreat. Three additional bedrooms with built-in robes offer ample storage and flexibility for family living.

The heart of the home is the generous, light-filled open-plan kitchen, living and dining area, which seamlessly extends to an undercover alfresco space, perfect for entertaining. The modern kitchen is a chef's delight, boasting a spacious pantry, stone benchtops, an abundance of cupboard space, and stainless-steel appliances including a dishwasher, 5-burner gas cooktop, and a 900mm oven. Comfort is guaranteed with ducted heating throughout the home and a split system unit in the open-plan area.

Read the full description

A central family bathroom features a shower, built-in bath, and a separate toilet, catering to the needs of a busy household. The property also includes a double lock-up garage with internal access and an external door leading to the backyard, enhancing both security and convenience. The home's modern facade and neutral colour scheme, create a sophisticated and welcoming ambiance. Outside, the sunny, low maintenance grassed yard and undercover alfresco provide the perfect space for relaxation and outdoor activities.

With the Surf Coast and its beautiful beaches, the charming town of Barwon Heads and the bustling city of Geelong just a short drive away, this location is perfect for those seeking a lifestyle change.

- Main bedroom complete with a walk-in robe and ensuite

- Three additional bedrooms feature built-in robes

- Light-filled spacious open-plan dining, kitchen and living area

- Undercover decked alfresco area perfect for entertaining

- Stylish kitchen with stone benchtops, spacious pantry and s/steel appliances

- Ducted gas heating throughout, split system A/C in open plan living area

- Secure sunny backyard with lawn and easy side access

- Remote-controlled double garage

- Walk to All Day Long Childcare Centre and St Catherine of Siena Primary School

Listing description written by Egle Skridulis, McGrath Geelong | Newtown — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ensuites: 1
  • Living Areas: 1
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.