Elliminyt at a glance
3,163
People
$660,000
Median sale
$416/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
VIC › Elliminyt › Armstrong St
3
Bedrooms
2
Bathrooms
2
Car spaces
12,900 m²
Land
Districts View
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
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Elliminyt (last 5 years) with land size have a median of $659/m² of land (n=91). Districts calculation from recorded sales — not a valuation.
Elliminyt at a glance
3,163
People
$660,000
Median sale
$416/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
ZN
Zone
RURAL LIVING ZONE
RLZ
Jurisdiction
Colac Otway
Colac Otway, VIC
Data unavailable
Source
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 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.
The official layer maps a flood zone on this parcel, intersecting about 32.7% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned RURAL LIVING ZONE · RLZ (ZN). Official parcel area about 12,918 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision looks constrained (often the rear or handle of the lot). 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.
32.7% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. Also mapped: FLOODWAY OVERLAY - SCHEDULE 1 (16.8% of the parcel). That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Flood overlay on a material share of the lot can kill a rear-lot or battleaxe subdivision story. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 12,918 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1; FLOODWAY OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $416/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.
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.
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
Districts view
This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.
Detail
Official parcel about 12,918 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1; FLOODWAY OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Nearby competing dwellings and net yield are still unknown.
Evidence
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.
4 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned RURAL LIVING ZONE · RLZ (ZN). Official parcel area about 12,918 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision looks constrained (often the rear or handle of the lot). This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 12,918 m² — land size can look like optionality. What reduces it: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1; FLOODWAY OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
Knownmedium32.7% of the official parcel intersects the loaded flood overlay. Layer: LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1. Also mapped: FLOODWAY OVERLAY - SCHEDULE 1 (16.8% of the parcel). That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Elliminyt at a glance
3,163
People
$660,000
Median sale
$416/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White ColacAre you sick and tired of searching for a high quality home on a great parcel of land in a highly desired area? Well good news, the search is over! Nestled in a family friendly location on over 3 acres, this beautifully designed 3-bedroom, 2-bathroom residence offers the perfect blend of comfort, style, and functionality. Situated in the desirable suburb of Elliminyt, you'll be just minutes away from local schools, parks, shopping, and public transport, making this home an ideal lifestyle opportunity for families and professionals alike.
Step inside to discover a generous open-plan living area that seamlessly flows into a modern kitchen fitted with top tier appliances, perfect for entertaining family and friends. Large windows flood the space with natural light, creating a warm and inviting atmosphere. The home is already installed with heating and cooling systems whlist boasting three lounge rooms ensuring everyone can maintain their personal space as well as three well-appointed bedrooms, including a master suite with an ensuite bathroom & walk in robe. Each bedroom is designed with comfort in mind, featuring built in robes plus ceiling fans. The two contemporary bathrooms are equipped with high-quality fixtures and finishes, ensuring a luxurious experience for you and your guests. Take advantage of the opportunity to work from home in the well appointed office which overlooks the front yard. The laundry is centrally positioned at the rear of the home with access to the backyard. Take advantage of the inbulit vacuum system making the Sunday rest a breeze.
Enjoy the convenience of a double garage, providing secure parking and additional storage space for your belongings. Ensure a comfortable entry all year round with the undercover area leading from the garage to the home. The property features a beautifully landscaped yard, perfect for outdoor activities, gardening, or simply unwinding in your own private sanctuary. A property of such high standard wouldn't be complete with a large shed to entertain friends and family plus allowing room to store all your tools and toys. Have the future in mind with the opportunity of future subdivision (STCU) on this in demand 3 acre allotment.
Don't miss out on this incredible opportunity to own a stunning home in a sought-after location. Contact us today to arrange a private viewing and experience all that 241 Armstrong Street has to offer!
Listing description written by Rhyley Edge, Ray White Colac — reproduced as published, not verified by Districts.