116 Lester Avenue Armstrong Creek, VIC 3217
Armstrong Creek, Greater Geelong, VIC, 3217$ 759,166
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 139
Details
Updated on Aug 12, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 759,166 |
| Land Price: | $ 400,000 |
| Build Price: | $ 359,166 |
| Gross Per Week: | $ 525** |
| Gross Per Annum: | $ 27,300 |
| Gross Yield: | 3.6% |
| Capital Growth 12 Months: | 7.73% |
| 10Yr Annualised Growth: | 4.14% |
| Vacancy Rate: | 2.07% |
| Property Size: | 139 m2 |
| Land Area: | 352 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | Q1 2027 |
| Property ID: | 34076 |
| SKU: | 1045 |
Features
- Minimum 7-Star Energy Rating
- Reconstituted stone bench tops to kitchen and bathrooms.
- Stainless steel kitchen appliances.
- Quality timber laminate, tile and carpet flooring.
- LED downlights throughout
- Semi Frameless Shower Screens
- Tiled shower bases
- Remote controlled garage door.
- Door and window locks.
- Heating and Cooling.
- Window furnishings and flyscreens
- Heat pump hot water system.
- Colour through concrete driveway and porch.
- Clothesline
- Letterbox.
- Full landscaping and full fencing.
- Provide 3 phase connection to the house including the upgrade of switchboards and underground lead in connection.
- Provide brick infills above all windows and pedestrian doors (Design specific) - House Size 13.1 - 20sq. Note: Price includes Category 1 Range bricks only.
- Provide approx. 2590mm ceiling heights throughout to single storey homes in lieu of standard 2440mm. *NOTE: Report and consent may be required due to Garage wall height regulations. To be confirmed once soil & survey reports are received.
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Description
This House in Armstrong Creek has been carefully crafted to offer both practical living and solid returns. Featuring 3 bedrooms, 2 bathrooms and 2 car space/s, it balances functionality with contemporary style. Designed to meet the demands of modern tenants, it provides strong rental performance and long-term growth. Its combination of design, location and value makes it a reliable investment option. A smart addition to any property portfolio.
Armstrong Creek is one of Victoria's fastest-growing communities, located just outside Geelong and within easy reach of Melbourne. This master-planned suburb offers excellent access to schools, shopping centres, public transport, and employment hubs, making it an attractive option for both tenants and investors. With continued infrastructure development and proximity to the Surf Coast, Armstrong Creek has become a hotspot for growth and lifestyle appeal.
With its blend of lifestyle appeal and investment strength, this House in Armstrong Creek is a smart choice for both seasoned investors and first-time buyers. It delivers the right mix of returns today and growth for tomorrow. A property built for lasting success.
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
116 Lester Avenue Armstrong Creek, VIC 3217
City
Greater Geelong
State
VIC
Postcode
3217
Suburb
Armstrong Creek
Estate
Zeal Estate
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News & Events
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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
