29 Esperance Avenue, Armstrong Creek VIC 3217 (A)

Armstrong Creek, Greater Geelong, VIC, 3217

$ 851,280

Armstrong Creek, Greater Geelong, VIC, 3217
Dual Key Investment Property in Armstrong Creek, VIC (5.93% Yield) | Aus Investment Properties - Photo 1

Property Images

Dual Key Investment Property in Armstrong Creek, VIC (5.93% Yield) | Aus Investment Properties - Photo 1
  • Dual Key
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 2
  • Cars
  • 204

Details

Updated on Oct 19, 2026

Property Type: Dual Key
Price: $ 851,280
Land Price: $ 405,000
Build Price: $ 446,280
Gross Per Week: $ 970**
Gross Per Annum: $ 50,440
Gross Yield: 5.93%
Capital Growth 12 Months: 7.73%
10Yr Annualised Growth: 4.14%
Vacancy Rate: 2.07%
Property Size: 204 m2
Land Area: 400 m2
Bedrooms: 3+2
Bathrooms: 2+1
Parking: 2
Title Status: Q3 2027
Property ID: 39285
SKU: 1073

Description

Experience contemporary living with this Dual Key in Armstrong Creek, designed to meet the expectations of modern buyers and investors. Offering 3+2 bedrooms, 2+1 bathrooms and 2 car space/s, it provides a functional layout with stylish finishes. The property combines comfort, efficiency and long-term durability. Positioned in a well-connected and growing community, it ensures strong appeal for tenants and buyers alike. An opportunity that blends convenience with future value.


Suburb profile:

Armstrong Creek is one of Victoria's fastest-growing residential corridors, located just minutes from Geelong and within easy reach of the Surf Coast. The suburb combines modern amenities with a strong sense of community, making it ideal for families, professionals, and students alike. With new schools, shopping precincts, and transport infrastructure under development, Armstrong Creek continues to attract strong rental demand and long-term capital growth potential.


Inclusions:

  • 100% fixed site costs including up to P1 class slab and piering
  • Rock excavation and removal allowance
  • All-electric home with 7-star energy rating
  • 10-year structural warranty
  • 2590mm ceiling height
  • Colorbond roof
  • 20mm stone benchtops to kitchen, bathroom, ensuite and laundry
  • Cabinetry to kitchen including above refrigerator
  • Elegant free-standing bath and designer basins and tapware
  • Extended 2000mm semi-frameless shower with tiled base
  • Front, side and rear landscaping
  • Full-share fencing
  • Concrete driveway and porch
  • Letterbox and clothesline
  • 5.0kW split-system air conditioner to family and living area
  • Blockout blinds to all windows
  • Flyscreens to all openable windows
  • Stainless steel modern inbuilt cooktop and oven with canopy rangehood and dishwasher
  • NBN connection and community infrastructure levy
  • Complimentary independent building inspections
  • All developer requirements including recycled water, rainwater tanks, eaves, BAL 12.5, facade requirements and corner treatment where required

Combining modern design, location and investment potential, this Dual Key in Armstrong Creek offers a well-rounded opportunity. It delivers both immediate appeal and long-term value, making it suitable for a wide range of buyers. A property that stands strong in today's market.

Dual Key Properties stand as a prime choice for investors seeking innovative solutions to maximise their returns.

These properties are ingeniously designed to include two separate living spaces within one structure, allowing for dual rental income streams from a single investment.

This setup not only enhances the property's rental yield but also offers flexibility in tenant demographics, ranging from young professionals to small families.

The distinct separation of spaces ensures privacy while maintaining the potential for a communal lifestyle, catering to the modern tenant's desire for adaptable living arrangements.

Floor plans

Dual Key Investment Property in Armstrong Creek, VIC (5.93% Yield) | Aus Investment Properties - Floor Plan 1

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address 29 Esperance Avenue, Armstrong Creek VIC 3217 (A)
City Greater Geelong
State VIC
Postcode 3217
Suburb Armstrong Creek
Estate Warralily
Region Geelong

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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.

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