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VIC › Armstrong Creek › Esperance Ave

22 Esperance Ave, Armstrong Creek VIC 3217

House

$660,000

Last sold

16 Dec 2021

3

Bedrooms

2

Bathrooms

2

Car spaces

375 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 $660,000 (16 Dec 2021).(Recorded sale)
  • FactLand 375 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Armstrong Creek (last 5 years) with land size: median $1,732/m² of land (n=118). 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

$660,000

16 Dec 2021 · derived via latest_sale

Local land rate: recorded House sales in Armstrong Creek (last 5 years) with land size have a median of $1,732/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

-5.0%

Median sale

Suburb $695,000

+0.23 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 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. Sold$660,00016 Dec 2021
  2. Listedprice unknowncompleted19 Nov 2021
  3. Listedprice unknowncompleted19 Nov 2021

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

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

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 Esperance Ave →

Listing material

Listed by Gartland Property

The Perfect Dream Starter!

Here's your chance to secure the Armstrong Creek lifestyle you've been dreaming of! With nothing left to do except move in and enjoy, this home is an ideal choice for first homebuyers, young families and investors alike!

An abundance of northern light sweeps through the open plan living/dining/kitchen zone, which establishes the heart of the home. Parents will love that they can watch little ones playing in the backyard as they relax inside on the couch. Soaking up the north and western sunshine, the alfresco deck creates the perfect setting for lazy weekends and summer BBQs with friends.

The kitchen showcases stone benchtops, a built-in pantry and Westinghouse stainless steel appliances (dishwasher and 900mm oven/gas cooktop). The breakfast bar is ideal for those busy school mornings.

Read the full description

Zoned to the front of the home, the Master Bedroom features a walk-in robe and en suite. Two additional bedrooms with built-in robes are tucked away in a separate wing, close to the main bathroom and separate toilet. The laundry features external access, while a wall heater and split-system air conditioner keep you comfortable throughout the seasons. Easy-care gardens surround the secure backyard, with young fruit trees providing you with apples, peaches and lemons in future years. The remote double lock-up garage features internal access.

A carefree lifestyle is yours to keep with public transport and the creek's walking trails a heartbeat from the front door. Elements Childcare Centre is a short stroll away, while a variety of nearby schools include St Catherine of Siena Primary School, Oberon High School and Armstrong Creek School. Local sporting grounds inspire the whole family to keep active, while both Warralily Village and the Armstrong Creek Town Centre take care of the essentials. A short drive will find you in the heart of Geelong or exploring the iconic Surf Coast beaches.

Potential rent return at $450 per week. To discuss in further detail please contact Emily Reid on 0411 497 783.

**Please note, advertised open for inspections are only available for double-vaccinated attendees. For all single-dose or unvaccinated attendees, please contact the sales agent to organise a private inspection time.**

To protect the health and safety of all Gartland Property staff and clients, and in line with current COVID-19 updates, you will be asked to adhere to the current Victoria restrictions when inspecting this property.

These include;

• Wearing a mask at all times when indoors.

• Keeping 1.5m distance during your visit, where possible.

• Open for inspections are subject to density limits of 1 person per 4sqm.

• QR code check-in is now a Victorian Government requirement at all open for inspections and auctions.

Only double-vaccinated attendees may attend an advertised open for inspection. All single-dosed or unvaccinated attendees must contact the sales agent to arrange an alternative inspection.

Listing description written by Michael Tricarico, Gartland Property — reproduced as published, not verified by Districts.

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.