Colac at a glance
9,153
People
$493,000
Median sale
$411/wk
Median rent
4.34%
Suburb gross yield
Median sale from 128 recorded sales (last 12 months) — a Districts calculation.
VIC › Colac › Armstrong St
$585,000
Last sold
15 Oct 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
927 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$585,000
15 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Colac (last 5 years) with land size have a median of $676/m² of land (n=133). Districts calculation from recorded sales — not a valuation.
Colac at a glance
9,153
People
$493,000
Median sale
$411/wk
Median rent
4.34%
Suburb gross yield
Median sale from 128 recorded sales (last 12 months) — a Districts calculation.
Vs Colac
+18.7%
Median sale
Suburb $493,000
-0.69 pp
Gross yield
Suburb 4.34%
Suburb median $493,000 from 128 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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
VICPlanning 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.
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
No advertised rent is recorded. Suburb median rent $411/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Colac at a glance
9,153
People
$493,000
Median sale
$411/wk
Median rent
4.34%
Suburb gross yield
Median sale from 128 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White ColacSituated in one of Colac's most desired areas, this triple fronted, solid weatherboard home located on a generous 927 square metre allotment offers outstanding potential for families, renovators, or developers alike. Make the most of the homes exceptional location being remarkably close to the CBD ensuring easy access to all amenities, a primary school, shops and entertainment venues all within walking distance. Furthermore, the beloved Lake Colac is just a short walk down the street, providing a serene escape to nature's beauty.
Inside, this well cared for home offers three sizeable bedrooms all fitted with built in robes. Conveniently positioned the bathroom will service all three bedrooms with ease. The living room fitted with a gas log heater will be ideal for family living and entertaining. At the heart of the home is the kitchen, glowing with plenty of natural light, ample bench space and an abundance of cupboard storage with the connecting dining area perfect for sharing a meal. At the rear of the home is the mud, laundry and separate toilet. If you're looking for a home with loads of storage space, take advantage of the abundance of storage with the attic storage in the roof, providing plenty of room to store your valuables.
Step outside and discover the well kept front yard and fully fenced backyard, providing security and privacy which is ideal for children and pets to play. The large backyard allows enough room to grow your dream garden or to build your dream shed (STCU). Additionally, there's a shed ensuring you have plenty of storage and room to keep tools and toys safe and a single carport to keep your vehicle out of the elements. If entertaining is your thing, you'll absolutely love the rear entertainment area providing the perfect place to host parties or small gatherings.
Whether you're looking to move straight in, renovate or invest, this is a great opportunity in one of Colac's most sort after and family friendly areas. Contact us today to schedule a viewing before it's too late.
Listing description written by Rhyley Edge, Ray White Colac — reproduced as published, not verified by Districts.
Victoria 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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried 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.