Devesha Drive, Armstrong Creek VIC

Armstrong Creek, Geelong, VIC, 3217

$ 826,660

Armstrong Creek, Geelong, VIC, 3217
Dual Occupancy Investment Property in Armstrong Creek, VIC (5.91% Yield) | Aus Investment Properties - Photo 1

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Dual Occupancy Investment Property in Armstrong Creek, VIC (5.91% Yield) | Aus Investment Properties - Photo 1
  • Dual Occupancy
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 2
  • Cars
  • 199

Details

Updated on Jun 12, 2026

Property Type: Dual Occupancy
Price: $ 826,660
Land Price: $ 419,000
Build Price: $ 407,660
Gross Per Week: $ 940*
Gross Per Annum: $ 48,880
Gross Yield: 5.91%
Capital Growth 12 Months: 7.73%
10Yr Annualised Growth: 4.14%
Vacancy Rate: 2.07%
Property Size: 199 m2
Land Area: 425 m2
Bedrooms: 3+2
Bathrooms: 2+1
Parking: 2
Title Status: Titled
Property ID: 25983
SKU: 1069
Sold: Jun 12, 2026

Description

Situated in the thriving suburb of Armstrong Creek, this Dual Occupancy presents an excellent opportunity for modern living and investment. With 3+2 bedrooms, 2+1 bathrooms and 2 car space/s, it is thoughtfully designed to suit today's lifestyle needs. Its efficient use of space ensures comfort while maintaining low maintenance requirements. Ideal for investors, it offers a strong balance of rental appeal and future growth potential. A smart choice in a high-demand location.


Suburb profile:

Armstrong Creek is one of the fastest-growing suburbs in the Geelong region, strategically located between Geelong CBD and the Surf Coast. The area is known for its master-planned estates, modern infrastructure, and strong population growth attracting both families and investors. Residents benefit from access to schools, shopping centres, parklands, and convenient transport links to both Geelong and Melbourne. Continued development and proximity to coastal lifestyle destinations make Armstrong Creek a highly desirable location for long-term property investment.


Inclusions:

  • Fixed price house and land package
  • Modern front facade as per selected design
  • 20mm stone benchtops to kitchen, bathrooms and laundry
  • Waterfall island benchtop (design dependent)
  • Quality Technika appliances including cooktop, oven, rangehood and dishwasher
  • Soft-close cabinetry throughout kitchen and bathrooms
  • Walk-in pantry and built-in pantry cabinetry (design dependent)
  • LED downlights to main living areas and porch
  • Split system air conditioning to main living area
  • Data and NBN-ready connection package
  • Modern slimline light switches
  • Timber laminate flooring to main living areas
  • Carpet with quality underlay to bedrooms
  • Three-coat paint system throughout
  • Blinds and flyscreens to all windows
  • Freestanding bath (design dependent)
  • 2590mm high ceilings
  • Fully landscaped front and rear yards
  • Coloured concrete driveway
  • Fencing, clothesline and letterbox
  • Brick infills above windows and garage door
  • 7-star energy rating compliant
  • Developer and estate requirements included (where applicable)

Whether you're looking to diversify your investments or secure a low-maintenance home, this Dual Occupancy in Armstrong Creek delivers on all fronts. With its balance of comfort and growth potential, It's an opportunity worth securing. An investment that stands out for the future.

Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.

These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.

The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.

The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address Devesha Drive, Armstrong Creek VIC
City Geelong
State VIC
Postcode 3217
Suburb Armstrong Creek
Estate Warralily

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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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