126 Armstrong Street, Colac VIC 3250

3-bedroom house | 650 m² block | Colac West Primary zone | No overlays | Strong rental yield This property offers a clear positional advantage for a buyer seeking a standard family house on a manageable block in a regional centre with solid amenity access. The 3-bedroom configuration on 650 m² is competitive for Colac, where larger blocks are typical but smaller, lower-maintenance parcels appeal to downsizers and investors. Zoning for Colac West Primary School and Colac Secondary College adds buyer pool depth. The absence of bushfire, flood, or heritage overlays reduces due diligence burden and holding risk. The property is best suited to an owner-occupier seeking a turnkey home or an investor targeting stable rental demand from families and workers in the Colac Otway LGA. The bedroom count inconsistency between sources is a material risk that must be resolved before proceeding, as it affects valuation and buyer appeal. If the property is confirmed as 3 bedrooms, the value sits around mid-$400,000s, with a rental estimate of $480 per week indicating a gross yield near 5.5 percent. The FTTP and 5G coverage are supporting rather than primary drivers. The opportunity is in the clean overlay status and reasonable land size, which limit unexpected costs. This property should be held as a long-term rental or used as a family home with low holding overhead.