Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Armstrong Creek › Lapis St

14 Lapis St, Armstrong Creek VIC 3217

For saleHouse for Sale

$850,000–$935,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

3

Car spaces

512 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $850,000–$935,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $850,000–$935,000(Listing record · 19 Aug 2026)
  • CalculationAsk is 22% above the Armstrong Creek median recorded sale ($695,000, n=92, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Armstrong Creek's advertised median rent ($583/wk), implied gross yield would be 3.57% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$850,000–$935,000

Asking range · $1,660/m² of land

No recorded sale for this property.

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

+22.3%

Median sale

Suburb $695,000

-0.79 pp

Gross yield

Suburb 4.36%

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

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$850,000
Stamp Duty (Victoria)
$46,070
Transfer/Registration Fee
$2,093
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$901,863

$51,863 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Armstrong Creek's advertised median rent — not a rent for this listing.

Net yield
2.07%
Annual cashflow (pre-tax)
$-26,634
Interest cover (DSCR)
0.40
Annual rent
$30,316
Operating expenses
$12,750
Loan amount
$680,000
Annual interest
$44,200
Gross yield
3.57%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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

  1. Listed$850,000–$935,000available19 Aug 2026

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 $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

Gross yield if leased at the suburb aggregate is 3.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

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 Lapis St →

Listing material

Listed by McGrath Armstrong Creek

Exceptional Entertaining & Rear Roller Door Access!

Showcasing impressive proportions, considered upgrades and exceptional indoor-outdoor living, this customised Kingsbridge Homes residence delivers a premium family lifestyle within Armstrong Creek's sought-after Harriott Estate.

Spanning approximately 30.7 squares across a generous 512m² allotment, the home has been thoughtfully enhanced beyond its original Hartland design. Soaring 2.72-metre ceilings, oversized rooms, high internal doors, upgraded lighting and a refined contemporary palette create an immediate sense of quality and space.

At the centre of the home, the expansive kitchen, dining and family zone provides an outstanding setting for everyday living and entertaining. The kitchen is anchored by an oversized 1.2-metre-deep island with thick Caesarstone waterfall edges, complemented by extensive cabinetry, premium appliances and a full butler's pantry.

Read the full description

Large sliding doors extend the living space into an impressive all-weather entertaining zone, complete with remote controlled alfresco blinds, wood-burning fireplace, ceiling fan and a built-in barbecue station with connected water and refrigeration cavity. Beyond, established lawns and secure rear access provide further practicality for families, tradespeople and recreational vehicles.

The oversized 7.7-metre-deep garage features a rear roller door opening onto additional secure hardstand-ideal for storing a third vehicle, trailer, boat or other recreational equipment.

Positioned within the established established Harriott Estate, the home places parks, walking trails, wetlands and community facilities close by. The Village Warralily, Armstrong Creek education and sporting precincts are within easy reach, while convenient access to Barwon Heads Road connects you with Geelong, the Bellarine Peninsula and the Surf Coast.

Kitchen:

- Oversized 1.2-metre-deep island bench with breakfast-bar seating

- Caesarstone Rugged Concrete benchtops with waterfall ends and substantial edging

- 900mm Teka under-bench oven and 900mm gas cooktop

- Integrated 900mm rangehood

- Oliveri black double undermount sink

- Matte-black pull-out mixer

- Extensive soft-close cabinetry, pot drawers and integrated dual-bin storage

- Full-width window splashback introducing excellent natural light

- Feature linear pendant lighting

- Adjoining butler's pantry with Caesarstone benchtop, undermount sink, matte-black mixer, base cabinetry and open shelving

- LG Quadwash True Steam Dishwasher

- Plumbed refrigerator provision

Living:

- Expansive open-plan kitchen, dining and family area

- Built-in entertainment cabinetry with Caesarstone benchtop

- Large sliding doors connecting directly with the outdoor entertaining area

- Separate 4.7m x 3.6m lounge or theatre room

- water resistant laminate floorboards throughout the main living areas and rear hallway

- Upgraded carpet and underlay to the lounge and bedrooms

- Feature pendant lighting and extensive recessed LED downlights

- Plantation shutters across key living areas

Master suite:

- Generously proportioned 4.5m x 4.0m bedroom

- Double-glazed front windows with plantation shutters

- Fully fitted walk-in robe with extensive shelving, hanging space and drawer storage

- Luxurious ensuite with floor-to-ceiling tiling

- Floating Caesarstone vanity with above-counter basin

- Illuminated feature mirror

- Oversized frameless shower with twin shower heads and recessed niche

- Matte-black Phoenix tapware and fittings

- Separate toilet

Additional bedrooms and bathroom:

-Three further generously sized bedrooms

- Walk-in robe to bedroom two

- Built-in robes to bedrooms three and four

- Central family bathroom with floor-to-ceiling tiling

- Separate bath and oversized shower with twin shower heads

- Floating Caesarstone vanity with above-counter basin

- Matte-black tapware, fittings and shower screen accents

- Separate toilet

Outdoor:

- Substantially extended covered entertaining area

- remote controlled retractable alfresco blinds for year-round comfort

- Wood-burning fireplace and ceiling fan

- Built-in barbecue station with gas and water points

- Exposed aggregate concrete

- Established, low-maintenance landscaping and lawn

- Secure rear hardstand suitable for a third vehicle, trailer or boat

- Rear roller-door access through the garage

Additional features:

- Customised Kingsbridge Homes Hartland design

- 2.72-metre ceilings and 2.34-metre internal doors

- Wide timber pivot entrance door

- Ducted gas heating (zoned) and evaporative cooling

- Upgraded water resistant laminate floorboards, carpet and underlay

- Plantation shutters and roller blinds

- Fitted laundry with Caesarstone benchtop, cabinetry and broom storage

- Oversized 7.7m x 6.0m garage with internal and rear access

- Exposed aggregate driveway, porch & surrounding paths

- Colorbond roof with sarking and roof ventilation

- Recycled-water connection

- Ample data points throughout

- power point installed withing broom closet for vacuum charging

Close By Facilities:

- Warralily Village

- Iona College

- Geelong Lutheran College

- Armstrong Creek Town Centre

- Charlemont Rise Shopping Centre

- Armstrong Creek Primary School

- Biyala Kindergarten

- Oberon High School

- Marshall Train Station

- Easy access to Barwon Heads Road

- Easy access to the Surf Coast Highway

*All information provided by McGrath Armstrong Creek has been supplied in good faith and is sourced from materials and information deemed reliable at the time of publication. While every care has been taken to ensure accuracy, no warranty or representation is made as to the completeness, accuracy or currency of the information provided. Prospective purchasers should rely on their own enquiries, inspections and independent advice before making any purchasing decision. McGrath Armstrong Creek accepts no liability for any loss or damage arising from reliance on the information contained herein.

Listing description written by Luke Wallden, McGrath Armstrong Creek — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Gas Heating
  • Living Areas: 2
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Solar Hot Water
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.