116 Lester Avenue Armstrong Creek, VIC 3217

Armstrong Creek, Greater Geelong, VIC, 3217

$ 759,166

Armstrong Creek, Greater Geelong, VIC, 3217
House and Land Investment Property in Armstrong Creek, VIC (3.6% Yield) | Aus Investment Properties - Photo 1

Property Images

House and Land Investment Property in Armstrong Creek, VIC (3.6% Yield) | Aus Investment Properties - Photo 1
  • 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: 3.13%
Property Size: 139 m2
Land Area: 352 m2
Bedrooms: 3
Bathrooms: 2
Parking: 2
Title Status: Q1 2027
Property ID: 34076
SKU: 1045

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.

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.

Floor plans

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address 116 Lester Avenue Armstrong Creek, VIC 3217
City Greater Geelong
State VIC
Postcode 3217
Suburb Armstrong Creek
Estate Zeal Estate
Region Geelong

Similar Listings

  • $ 757,992
Gross Return
$ 28,600
Gross Yield
3.77%
Capital Growth
4.14%
Vacancy Rate
3.13%

Lot 1019 - Boundary Road - Charlemont - AUD 757...

Charlemont , Geelong, VIC, 3217
  • 4 Bedrooms
  • 2 Bathrooms
  • 2Cars
House and Land
  • $ 757,992
Gross Return
$ 28,600
Gross Yield
3.77%
Capital Growth
4.14%
Vacancy Rate
3.13%

Lot 1015 - Boundary Road - Charlemont

Charlemont , Geelong, VIC, 3217
  • 4 Bedrooms
  • 2 Bathrooms
  • 2Cars
House and Land
  • $ 772,876
Gross Return
$ TBA
Gross Yield
TBA%
Capital Growth
6.10%
Vacancy Rate
1.60%

7101 Proposed St MOUNT DUNEED, VIC 3216

Mount Duneed, Greater Geelong, VIC, 3216
  • 3 Bedrooms
  • 2 Bathrooms
  • 1Cars
House and Land
  • $ 773,433
Gross Return
$ TBA
Gross Yield
TBA%
Capital Growth
6.44%
Vacancy Rate
6.02%

1313 Proposed St LARA, VIC 3212

Lara, Greater Geelong, VIC, 3212
  • 4 Bedrooms
  • 2 Bathrooms
  • 2Cars
House and Land

Sold Listings

  • $ 764,000
Sold
Gross Return
$ 28,600
Gross Yield
3.74%
Capital Growth
13.24%
Vacancy Rate
3.08%

Montana Cres, Diggers Rest VIC (B)

Diggers Rest, Melton, VIC, 3427
  • 4 Bedrooms
  • 2 Bathrooms
  • 2Cars
House and Land
  • $ 690,245
Sold
Gross Return
$ 26,520
Gross Yield
3.84%
Capital Growth
13.24%
Vacancy Rate
3.08%

Lot 214 Watsons Reach, Diggers Rest VIC

Diggers Rest, Hume, VIC, 3427
  • 3 Bedrooms
  • 2 Bathrooms
  • 2Cars
House and Land
  • $ 726,540
Sold
Gross Return
$ 28,600
Gross Yield
3.94%
Capital Growth
13.24%
Vacancy Rate
3.08%

Lot 309 Watsons Reach, Diggers Rest VIC

Diggers Rest, Hume, VIC, 3427
  • 4 Bedrooms
  • 2 Bathrooms
  • 2Cars
House and Land
  • $ 861,500
Sold
Gross Return
$ 33,280
Gross Yield
3.86%
Capital Growth
12.39%
Vacancy Rate
4.00%

Lot 3499 - Flagstone Estate - Flagstone - AUD ...

Flagstone, Logan City, QLD, 4280
  • 4 Bedrooms
  • 2 Bathrooms
  • 2Cars
House and Land

ENQUIRE ABOUT THIS PROPERTY

Why Buy With Aus Investment Properties?

  • Dedicated In-house Project Manager.
  • High-yielding properties.
  • Independent rental assessment.
  • Full turnkey properties, 'Ready to Rent'.
  • Brand new properties with builders warranty.
  • High quality, highly specified properties.
  • Tax and depreciation benefits from new properties.
  • Buy direct from the builder.
  • Investor or SMSF.
Buy Property Banner

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.

Compare listings

Compare