306 Chestnut Street Armstrong Creek, VIC 3217

Armstrong Creek, Greater Geelong, VIC, 3217

$ 714,802

Armstrong Creek, Greater Geelong, VIC, 3217
House and Land Investment Property in Armstrong Creek, VIC (4.15% Yield) | Aus Investment Properties - Photo 1

Property Images

House and Land Investment Property in Armstrong Creek, VIC (4.15% Yield) | Aus Investment Properties - Photo 1
  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Cars
  • 137

Details

Updated on Oct 20, 2026

Property Type: House and Land
Price: $ 714,802
Land Price: $ 359,000
Build Price: $ 355,802
Gross Per Week: $ 570**
Gross Per Annum: $ 29,640
Gross Yield: 4.15%
Capital Growth 12 Months: 7.73%
10Yr Annualised Growth: 4.14%
Vacancy Rate: 3.13%
Property Size: 137 m2
Land Area: 299 m2
Bedrooms: 3
Bathrooms: 2
Parking: 1
Title Status: Q1 2027
Property ID: 34128
SKU: 1045

Description

Positioned within the growing suburb of Armstrong Creek, this House offers a modern solution for comfortable living and smart investment. With 3 bedrooms, 2 bathrooms and 1 car space/s, it provides a layout that supports both functionality and lifestyle. Its design focuses on ease of living, making it attractive to a wide range of tenants and buyers. Backed by strong growth potential, it stands as a reliable and future-ready property. An ideal addition to any portfolio.

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 is built with long-term growth in mind, offering security, value and strong returns. It provides confidence for investors looking to build wealth while ensuring everyday comfort for residents. A reliable choice in today's market.

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

  • Provide Covered Alfresco to rear of dwelling
  • 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 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.
  • Provide 3 phase connection to the house including the upgrade of switchboards and underground lead in connection.

Floor plans

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address 306 Chestnut Street Armstrong Creek, VIC 3217
City Greater Geelong
State VIC
Postcode 3217
Suburb Armstrong Creek
Estate Palomino 3A
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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