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.
VIC › Armstrong Creek › Iris Loop
$620,000
Last sold
12 Oct 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
312 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
$620,000
12 Oct 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.
Vs Armstrong Creek
-10.8%
Median sale
Suburb $695,000
+0.53 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 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 $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.
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
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.
Listing material
Listed by Gartland PropertyDon't miss this chance to embrace the Armstrong Creek lifestyle you've been craving. Whether you're dreaming of breaking into the property market, hoping to grow your investment portfolio, or looking for a terrific place to downsize, this home is the one for you.
From the moment you step inside, the breezy interiors make you feel right at home. The open plan living/dining/kitchen zone flows onto the sunny alfresco deck, creating a beautiful indoor-outdoor connection for everyday enjoyment. The kitchen takes care of all your cooking needs with stone benchtops, a walk-in pantry and stainless steel appliances (dishwasher, oven, gas cooktop, rangehood).
Overlooking the front gardens, the Master Bedroom will delight with a walk-in robe and en suite. Two additional bedrooms with built-in robes are tucked away, close to the main bathroom and separate toilet. Stone benchtops enhance both bathrooms, while the laundry is complete with plenty of storage.
Other features include ducted heating, a split-system air conditioner and double-glazed windows to the living zone. The secure backyard is wonderfully low-maintenance, inviting buyers to create their dream garden oasis. The remote double lock-up garage features internal access.
Set directly opposite proposed sporting grounds, this location is simply superb. Young families can enjoy close access to Elements Childcare Centre and various established schools, while a proposed Primary School is located just footsteps from your front door. The creek's walking trails inspire you to venture outdoors and enjoy the surrounding nature. Both Warralily Village and the expansive Armstrong Creek Town Centre are moments away, leaving you spoilt for choice with shopping and dining options. To top it all off, a short drive will find you in the heart of Geelong or exploring the iconic Surf Coast.
Potential rental return $430 per week. To discuss in further detail please contact Emily Reid on 0411 497 783.
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 regional 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.
• A limit of 10 people applies at all open for inspections and a limit of 100 people applies at all auctions, 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.
Listing description written by Michael Tricarico, Gartland Property — 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.