- Dual Key
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 2+0
- Cars
- 184
Details
Updated on Nov 06, 2026
| Property Type: | Dual Key |
|---|---|
| Price: | $ 820,200 |
| Land Price: | $ 369,000 |
| Build Price: | $ 451,200 |
| Gross Per Week: | $ 990* |
| Gross Per Annum: | $ 51,480 |
| Gross Yield: | 6.28% |
| Capital Growth 12 Months: | 7.73% |
| 10Yr Annualised Growth: | 4.14% |
| Vacancy Rate: | 3.13% |
| Property Size: | 184 m2 |
| Land Area: | 313 m2 |
|---|---|
| Bedrooms: | 3+2 |
| Bathrooms: | 2+1 |
| Parking: | 2+0 |
| Title Status: | May 2027 |
| Property ID: | 43848 |
| SKU: | 1029 |
Description
This Dual Key property in the Palomino community of Armstrong Creek gives investors two self-contained homes under one roof, with land title expected in May 2027. The main dwelling has 3 bedrooms, 2 bathrooms and a double garage, while the secondary dwelling has 2 bedrooms, 1 bathroom and its own separate entry, for 5 bedrooms and 3 bathrooms in total. The single-storey home has 184 m2 of combined house area on a 313 m2 lot, and each dwelling has its own kitchen, meals and living area and laundry. Two separate rental incomes from one lot make it a practical way to build a property portfolio in the Geelong growth corridor.
Armstrong Creek is one of the main growth areas in the City of Greater Geelong, around 10 km south of the Geelong CBD, with new residential communities continuing to take shape across the suburb. The Surf Coast Highway and the Geelong Ring Road connect residents to central Geelong, Torquay and the Princes Freeway for the run to Melbourne. New schools, the Armstrong Creek Town Centre, parks and sporting facilities continue to be delivered as the suburb's estates mature. Steady population growth and strong demand for modern rental housing make Armstrong Creek a sound choice for investors seeking long-term rental demand and capital growth.
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.
Features
PACKAGE
LAND
| HOME
DUAL KEY LAYOUT
|
Inclusions
TURNKEY INCLUSIONS
KITCHEN
| INTERNAL FINISHES
|
Floor plans
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Address
Similar Listings
$ 54,600
5.73%
4.14%
3.13%
Armstrong Creek VIC 3217
Armstrong Creek VIC 3217$ 44,200
5.25%
9.88%
5.80%
Weir Views VIC 3338
Weir Views VIC 3338$ 31,720
4.09%
6.44%
6.02%
Lot 1743 Hornsea Street, Lara VIC 3212
Lara, Greater Geelong, VIC, Australia, 3212$ 29,120
3.83%
8.71%
1.46%
Lot 21 Hendy Street, Corio VIC 3214
Corio, Greater Geelong, VIC, Australia, 3214Sold Listings
$ 43,680
4.99%
9.88%
5.80%
Witherley Ave, Strathtulloh VIC
Strathtulloh, Melton, VIC, 3338$ 43,680
5.29%
9.88%
5.80%
Coursing Way, Weir Views VIC
Weir Views, Melton, VIC, 3338$ 59,800
6.79%
9.00%
0.96%
Lot 66 Gibson Road, Rosenthal Heights QLD 4370
Rosenthal Heights, Southern Downs, QLD, Australia, 4370$ 54,600
5.1%
9.45%
0.97%
Gatton QLD 4343
Gatton QLD 4343ENQUIRE 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.
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.