51 Caspian Crescent, Armstrong Creek VIC 3217 (C)
Armstrong Creek, Greater Geelong, VIC, Australia, 3217$ 803,773
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 204
Details
Updated on Oct 19, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 803,773 |
| Land Price: | $ 398,000 |
| Build Price: | $ 405,773 |
| Gross Per Week: | $ 580* |
| Gross Per Annum: | $ 30,160 |
| Gross Yield: | 3.75% |
| Capital Growth 12 Months: | 7.73% |
| 10Yr Annualised Growth: | 4.14% |
| Vacancy Rate: | 2.07% |
| Property Size: | 204 m2 |
| Land Area: | 392 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | Q3 2027 |
| Property ID: | 41910 |
| SKU: | 1073 |
Description
This 4 bedroom house and land package in Armstrong Creek offers 2 bathrooms, 2 living areas and a double garage, with 204 m2 of living on a 392 m2 lot in the Warralily estate. Land title is expected in Q3 2027. It is a turnkey package, with 20mm stone benchtops, a 5.0kW split system air conditioner, front, side and rear landscaping, full-share fencing and a concrete driveway included, and the home is built to a 7-star energy rating. The package is priced at $803,773, with $398,000 for the land and $405,773 for the build, and an indicative rent of about $580 per week gives a gross yield of 3.75%.
Armstrong Creek is a growth suburb in the City of Greater Geelong, part of the Armstrong Creek growth area on the southern side of Geelong. The Warralily estate is part of the new housing supply in the area. New turnkey homes like this one appeal to renters looking for a modern, low-maintenance property, which supports tenant demand. A rental appraisal puts this package at about $580 per week, which suits a yield-focused investment portfolio.
For investors, this house and land package combines a new 4 bedroom home with an indicative gross yield of 3.75% in Armstrong Creek.
A Traditional Family Home typically features 3–4 bedrooms, offering ample space for comfort and privacy.
Designed with family living in mind, these homes often include generous living areas, a master suite, and outdoor spaces for relaxation and entertainment.
Ideal for families seeking a blend of classic design and modern amenities.
Investing in a Traditional Family Home with 3–4 bedrooms offers robust rental demand and potential for long-term capital growth.
These properties appeal to families looking for space, comfort, and community, making them a stable addition to any investment portfolio.
Features
- Landscaping
- Fencing
- Driveway
- Turnkey Package
- 4 bedrooms
- Stone benchtops
- House and land
- double garage
- 2 bathrooms
- 4 Bedrooms
- House and Land
- 2 Bathrooms
- Double Garage
- Split System Air Conditioning
- 2 Living Areas
- Stone Benchtops
- 7-Star Energy Rating
Inclusions
- Letterbox and clothesline
- Colorbond roof
- 10 year structural warranty
- letterbox and clothesline
- 10 Year Structural Warranty
- Colorbond Roof
- 100% Fixed Site Costs including up to P1 Class Slab and Piering
- Rock Excavation and Removal
- All-Electric Home with 7-Star Energy Rating
- Generous 2590mm Ceiling Height
- 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
- Block Out Blinds to All Windows
- Flyscreens to All Openable Windows
- Stainless Steel 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 and Facade Requirements
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Address
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Read More »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.