Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

VIC › Armstrong Creek › Lyrebird St

5 Lyrebird St, Armstrong Creek VIC 3217

For saleHouse for Sale

$819,000

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $819,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $819,000(Listing record · 13 Aug 2026)
  • CalculationAsk is 18% 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 3.70% — 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

$819,000

Asking

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

+17.8%

Median sale

Suburb $695,000

-0.66 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

Purchase Price
$819,000
Stamp Duty (Victoria)
$44,210
Transfer/Registration Fee
$2,021
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
$868,931

$49,931 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

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

Net yield
2.20%
Annual cashflow (pre-tax)
$-24,557
Interest cover (DSCR)
0.42
Annual rent
$30,316
Operating expenses
$12,285
Loan amount
$655,200
Annual interest
$42,588
Gross yield
3.70%

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$819,000available13 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 3.7%. 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 Lyrebird St →

Listing material

Listed by McGrath Armstrong Creek

Lifestyle Living at Halcyon Horizon over 55's

Nestled in a hidden pocket of Horseshoe Bend Road, this vibrant community offers an extraordinary lifestyle where country meets coast; and every day feels like a holiday.

With established local amenities close to home, you'll enjoy easy access to shopping, medical centres and recreation nearby, as well as luxurious resort-quality facilities within walking distance of your new modern home.

Designed by Stockland for over 55s living, embrace a life of convenience,

Read the full description

security and genuine connections at Halcyon Horizon.

You'll find no shortage of space with the Lonsdale. This three-bedroom, two-bathroom design features roomy open plan living areas – an ideal space to entertain friends and family.

Enjoy the exemplary space the master bedroom provides with walk-in-robes and a spaciously designed, tiled ensuite bathroom. The second bedroom is conveniently located next to the living spaces, providing the perfect area to be transformed into a guest room, storage space, or an additional entertaining area.

Included Features:

• Architecturally designed homes

• Fully free-standing, slab-on-ground homes with lock-up garages

• Designed with consideration for adaptable and low-maintenance living

• Superior 7 Star energy-rated

• Double-glazed windows (including sliding doors) throughout

• 7 years Structural Warranty and 5 years Appliance Warranty

• 2700mm high ceilings

• Exposed-aggregate driveway designed to accommodate visitor parking

• High-speed, fibre-optic internet

• Front landscape package

• Covered rear alfresco

• Epoxy finish to garage floor

• Vinyl timber flooring to kitchen, living, dining and MPR. Tiles to bathroom/ensuites and laundry. Carpet in bedrooms

• Chrome tapware and door hardware throughout

• Flyscreens to all operable windows

Extra Upgrades on top of standard inclusions:

• Ducted heating & Cooling ( Electric )

• Heat-pump hot water system

• Microwave

• Shower niches

• Ceiling Fan to the alfresco

• Stone Splashback

• AEG Appliances

• Dual roller blinds

• Plantation Shutters ( Front window )

• Underfloor heating Ensuite

• Led Shaving Cabinets

• Stone Upgrades

• Draws WIR

Located in Geelong's thriving suburb of Armstrong Creek, Halcyon Horizon is a welcoming community that's only 15 km from Geelong CBD as well as a short drive to the small coastal towns along the Surf Coast and Bellarine Peninsula.

For further details of Halcyon Terms and conditions please contact us

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

Property features

  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Living Areas: 1

Also look at

Also for sale in Armstrong Creek

  • EXCLUSIVE TURNKEY 12034 Warralily Boyd St, Armstrong Creek VIC 3217

    3-bed house. Asking $587K.

    For sale
  • EXCLUSIVE 12034 Warralily Boyd St, Armstrong Creek VIC 3217

    4-bed house. Asking $601K.

    For sale
  • EXCLUSIVE 12033 Warralily Boyd St, Armstrong Creek VIC 3217

    4-bed house. Asking $594K.

    For sale
  • EXCLUSIVE TURNKEY 12033 Warralily Boyd St, Armstrong Creek VIC 3217

    4-bed house. Asking $705K.

    For sale
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.