Lot 407 Garnet Close, Leopold VIC-0

Property Images

Lot 407 Garnet Close, Leopold VIC-0
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 191

Details

Updated on Sep 17, 2026

Property Type: House and Land
Price: $ 712,890
Land Price: $ 332,000
Build Price: $ 380,890
Gross Per Week: $ 610*
Gross Per Annum: $ 31,720
Gross Yield: 4.45%
Capital Growth 12 Months: 8.32%
10Yr Annualised Growth: 6.64%
Vacancy Rate: 1.42%
Property Size: 191 m2
Land Area: 350 m2
Bedrooms: 4
Bathrooms: 2
Parking: 2
Title Status: ‌July 2027
Property ID: 35391
SKU: 1029
Sold: Sep 17, 2026

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

Experience contemporary living with this House and Land in Leopold, designed to meet the expectations of modern buyers and investors. Offering 4 bedrooms, 2 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:

Leopold is a well-established residential suburb in Geelong, positioned at the gateway to the Bellarine Peninsula and offering a relaxed lifestyle with convenient access to both the city and coastal destinations. Families benefit from local education options including Leopold Primary School, while the Bellarine Rail Trail and surrounding parks provide opportunities for walking, cycling and outdoor recreation. Gateway Plaza is the suburb’s major shopping destination, featuring Coles, Kmart, Aldi, Bunnings and a wide range of specialty stores and services. Public transport includes regular bus services connecting Leopold with Geelong and surrounding Bellarine communities, making the suburb an appealing choice for families and investors seeking convenience, connectivity and long-term growth potential.


Inclusions:

  • Full turnkey house and land package including landscaping, fencing, and driveway
  • Modern home design with quality finishes throughout
  • High ceilings throughout (as per builder specification)
  • Energy-efficient design in accordance with current building standards
  • Quality construction by an experienced Australian builder

Site Inclusions – Site Works, Foundations & Connections:

  • Fixed price site costs including standard site works
  • Engineered slab and structural framing
  • All required service connections included (excluding consumer account opening fees where applicable)
  • Termite treatment for long-term protection
  • Building permits, approvals, and compliance requirements included

Preliminary Inclusions:

  • Developer-approved façade and siting
  • Construction compliant with Australian building regulations
  • Independent quality inspections throughout construction

Internal Inclusions:

  • Combination of timber laminate flooring, carpet, and tiles (as per builder specification)
  • Tiles to wet areas including bathroom, ensuite, WC, and laundry
  • Plasterboard walls and ceilings throughout
  • Quality skirting boards and architraves
  • Internal doors with modern hardware
  • Built-in robes with shelving and hanging rails (as per plan)
  • Quality paint system throughout
  • Modern open-plan living and dining design (as per plan)

External Inclusions:

  • Roofing materials as per builder design and colour scheme
  • Colorbond fascia, gutters, and downpipes (or builder equivalent)
  • Brick veneer or equivalent external construction
  • Feature front entry door with secure locking system
  • External finishing elements including painted infills and porch ceiling (where applicable)
  • Letterbox and property numbering

Landscaping Inclusions:

  • Front and rear landscaping including turf, garden beds, and mulch
  • Fencing to all boundaries with side access gate (where applicable)
  • Concrete driveway and entry path

Electrical Inclusions:

  • LED lighting throughout
  • Power points, TV, phone, and data provisions (as per plan)
  • Smoke detectors and safety switches in compliance with regulations
  • Exhaust fans to bathrooms and laundry
  • External lighting (as per builder specification)

Appliance Inclusions:

  • Quality stainless steel kitchen appliances (size and specification as per builder plan)
  • Cooktop, oven, and rangehood
  • Dishwasher (where included by builder)
  • Kitchen sink with mixer tap

Upgraded Inclusions:

  • Quality stone benchtops to kitchen areas
  • Laminate cabinetry with overhead cupboards
  • Tiled kitchen splashback
  • Modern bathroom fittings and fixtures
  • Garage door with remote access (where applicable)

Furniture Pack Inclusions:

  • Optional furniture package available at additional cost

Energy Efficiency:

  • Energy-efficient construction in line with current building requirements
  • Insulated walls and ceilings
  • Water-efficient fixtures and fittings
  • Energy-efficient lighting throughout

Warranties:

  • Builder’s structural warranty
  • Manufacturer warranties on appliances and fittings
  • Maintenance period as per builder agreement

With its strong rental appeal and long-term growth prospects, this House and Land in Leopold is positioned for success. It offers both stability and opportunity, making it an excellent addition to any property portfolio. A reliable investment in a growing 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.

Floor plans

floor_plan.png

Address

Address Lot 407 Garnet Close, Leopold VIC
City Geelong
State VIC
Postcode 3224
Suburb Leopold
Estate Sanctuary Springs Estate

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ENQUIRE ABOUT THIS PROPERTY

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  • 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.
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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

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