Sold
106 Lester Avenue Armstrong Creek, VIC 3217
Armstrong Creek, Greater Geelong, VIC, 3217$ 718,700
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 149
Details
Updated on Jun 19, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 718,700 |
| Land Price: | $ 365,000 |
| Build Price: | $ 353,700 |
| Gross Per Week: | $ 530** |
| Gross Per Annum: | $ 27,560 |
| Gross Yield: | 3.83% |
| Capital Growth 12 Months: | 7.73% |
| 10Yr Annualised Growth: | 4.14% |
| Vacancy Rate: | 0.02% |
| Property Size: | 149 m2 |
| Land Area: | 313 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | Mar-27 |
| Property ID: | 23760 |
| SKU: | 1045 |
| Sold: | Jun 24, 2026 |
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Description
This House in Armstrong Creek presents a rare opportunity to secure a modern, high-growth investment. Featuring 4 bedrooms, 2 bathrooms and 2 car space/s, it blends lifestyle comfort with strong rental appeal. Every detail has been designed to combine style with practicality, making it attractive for both tenants and future buyers. Positioned in one of Australia's fastest-growing areas, this property is built for long-term value and immediate results. A standout choice for anyone seeking both security and growth.
Armstrong Creek is a master-planned suburb in the Geelong growth corridor, just 15 minutes from the city and the surf coast. The area boasts modern infrastructure, schools, shopping precincts, and public transport links. Armstrong Creek attracts a wide demographic, including families, professionals, and students, due to its convenience and proximity to education and employment hubs. With ongoing development and government investment, this suburb continues to grow in appeal for residents and investors alike.
Designed to perform in today's rental market, this House in Armstrong Creek combines reliable yield with capital appreciation potential. It's a well-rounded opportunity that fits both short-term goals and long-term strategies. A solid investment you can depend on.
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
Address
Open on Google Maps
Address
106 Lester Avenue Armstrong Creek, VIC 3217
City
Greater Geelong
State
VIC
Postcode
3217
Suburb
Armstrong Creek
Estate
Zeal
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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
