Back 32 Armstrong St
Off Market

32 Armstrong St

Colac VIC 3250

2
1
1
743 m²
House
Last sold for $408,000
Stephen LuggStephen Lugg, last sold this property on 12 November 2025 after 21 days on market.

Overview

BLANK CANVAS IN A PRIME LOCATION

Set on a generous 743m² block just moments from Lake Colac, this two-bedroom brick home is a renovation project with huge potential. Perfect for tradies, first-home buyers or investors, it offers scope to modernise, personalise, and add value in a highly sought-after location. Enjoy easy access to walking paths, cafés, and the lake, the lifestyle is all here. Inside, the bedrooms are well-sized and full of natural light from large windows, while the kitchen and dining area sits at the heart of the home. With a bit of vision and effort, this space can be transformed into a stylish hub for cooking, entertaining, and everyday living. Practical features include a mudroom and laundry, providing functional spaces that can easily be upgraded. The layout is versatile, ready for a renovation to suit your taste and lifestyle, making it a perfect blank canvas for buyers willing to put in the work. Outside, the backyard is brimming with potential. There's room for outdoor living, gardening and subdivision potential (STCA). This is a rare opportunity to secure a home in a prime location and turn it into something truly special. DISCLAIMER: While utmost care has been taken to verify the accuracy of the information provided above, it should not be construed as a representation by the vendor or the agent/agency. All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Features

2 bedrooms
1 bathroom
1 carspace
743 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Colac over the last 12 months, the estimated median property value of 32 Armstrong St is $382.5k.

Median value
$382.5k
Estimated value range
$316k - $560k
Median days on market
28
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Colac. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 32 Armstrong St

2025
Sold
$408,000
Private Sale/Treaty on 12 Nov 2025 by Stephen Lugg, of Charles Stewart Real Estate Colac
2014
Sold
Undisclosed
Private Sale/Treaty on 18 Mar 2014 by Sam Monaco, of Charles Stewart Real Estate Colac

Happy sellers in Colac

92%
92% of sellers in Colac reported that their sale price either exceeded or met their price expectations.

Colac stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Colac over the last 12 months.

Local market activity for 2 bedroom houses in Colac

In the last 12 months, 18 two-bedroom houses similar to 32 Armstrong St, have been sold.

This represents a 5% decrease in two-bedroom houses sales when compared to the previous 12 months.

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