102 Lester Avenue Armstrong Creek, VIC 3217

Armstrong Creek, Greater Geelong, VIC, 3217

$ 727,699

Armstrong Creek, Greater Geelong, VIC, 3217
102 Lester Avenue Armstrong Creek, VIC 3217-0

Property Images

102 Lester Avenue Armstrong Creek, VIC 3217-0
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 154

Details

Updated on Jun 19, 2026

Property Type: House and Land
Price: $ 727,699
Land Price: $ 365,000
Build Price: $ 362,699
Gross Per Week: $ 530**
Gross Per Annum: $ 27,560
Gross Yield: 3.79%
Capital Growth 12 Months: 7.99%
Capital Growth 10 Year Annualised: 4.14%
Vacancy Rate: 1.35%
Property Size: 154 m2
Land Area: 313 m2
Bedrooms: 4
Bathrooms: 2
Parking: 2
Title Status: Q1 2027
Property ID: 24699
SKU: 1045
Sold:

Features

  • Reverse Cycle Split System to Living
  • Alarm System
  • Downlights throughout
  • Floor Coverings as per specification
  • Fly Screens and fly doors
  • Window furnishings
  • Dishwasher
  • Clothesline & Letterbox
  • Fencing & Driveway
  • Fully landscaped front & rear

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

This modern House in Armstrong Creek delivers a compelling opportunity for both investors and homeowners. Featuring 4 bedrooms, 2 bathrooms and 2 car space/s, it is designed to maximise space, comfort and functionality. Its contemporary design ensures low maintenance while maintaining strong visual appeal. Located in a high-growth area, it supports both steady rental income and long-term appreciation. A property built with both practicality and performance in mind.

Armstrong Creek is a fast-growing suburb near Geelong, offering modern estates, schools, and proximity to coastal lifestyle amenities. It provides easy access to both Geelong and Melbourne. The suburb continues to see strong population growth and rental demand. Investors are drawn to Armstrong Creek for its long-term potential.

This property represents a balanced investment, offering both lifestyle comfort and strong growth potential. Its design, location and functionality make it a dependable choice for investors and homeowners alike. A smart decision for those looking toward the future.

A House and Land Package offers a complete, turnkey solution by combining a brand-new home build with a carefully selected block of land.

Designed for modern living, these packages provide flexible floor plans, contemporary finishes, and the convenience of a streamlined building process.

Ideal for both owner-occupiers and investors, they deliver a hassle-free pathway to securing a quality property in a growing community.

Investing in a House and Land Package presents strong value, with fixed pricing, potential stamp duty savings, and reduced maintenance costs.

With increasing demand in emerging suburbs, these properties offer excellent prospects for rental yield and long-term capital growth.

Floor plans

floor_plan.png
Address 102 Lester Avenue Armstrong Creek, VIC 3217
City Greater Geelong
State VIC
Postcode 3217
Suburb Armstrong Creek
Estate Zeal / 3

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

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