308 Lusitano Street Armstrong Creek, VIC 3217

Armstrong Creek, Greater Geelong, VIC, 3217

$ 737,919

Armstrong Creek, Greater Geelong, VIC, 3217
House and Land Investment Property in Armstrong Creek, VIC (3.73% Yield) | Aus Investment Properties - Photo 1

Property Images

House and Land Investment Property in Armstrong Creek, VIC (3.73% Yield) | Aus Investment Properties - Photo 1
  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 139

Details

Updated on Oct 12, 2026

Property Type: House and Land
Price: $ 737,919
Land Price: $ 369,000
Build Price: $ 368,919
Gross Per Week: $ 530**
Gross Per Annum: $ 27,560
Gross Yield: 3.73%
Capital Growth 12 Months: 7.73%
10Yr Annualised Growth: 4.14%
Vacancy Rate: 3.13%
Property Size: 139 m2
Land Area: 325 m2
Bedrooms: 3
Bathrooms: 2
Parking: 2
Title Status: Q1 2027
Property ID: 40242
SKU: 1045

Description

Located in Armstrong Creek, this House is more than just a home, it's a smart investment opportunity. With 3 bedrooms, 2 bathrooms and 2 car space/s, it delivers functional design with modern living in mind. Investors will appreciate its strong yield potential, while residents will enjoy the comfort and convenience it provides every day. Set within a growth corridor, it combines lifestyle benefits with future financial returns. A property that works for you today and tomorrow.

Armstrong Creek is one of Geelong's fastest-growing communities, offering modern living surrounded by landscaped parks, walking trails, and family-friendly amenities. Residents enjoy close access to quality schools, childcare centres, and the Armstrong Creek Town Centre, which provides a full range of shopping and dining options. The suburb is positioned between Geelong and the Surf Coast, giving locals easy access to both employment hubs and popular beaches. With ongoing infrastructure development and strong demand for new homes, Armstrong Creek continues to attract both homeowners and investors seeking long-term growth.

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.

Features

  • 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.
  • 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.

Floor plans

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address 308 Lusitano 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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