Lot 111 Palomino, Armstrong Creek VIC

Armstrong Creek, Geelong, VIC, 3217

$ 825,040

Armstrong Creek, Geelong, VIC, 3217
Lot 111 Palomino, Armstrong Creek VIC-0
Lot 111 Palomino, Armstrong Creek VIC-1

Property Images

Lot 111 Palomino, Armstrong Creek VIC-0 Lot 111 Palomino, Armstrong Creek VIC-1

Overview

Property ID: LA-21518

  • Dual Occupancy
  • Property Type
  • 2+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 1
  • Cars
  • 188

Details

Updated on Apr 01, 2026 at 03:02 pm

Property Type: Dual Occupancy
Secondary Type: N/A
Price: $ 825,040
Land Price: $ 369,000
Build Price: $ 456,040
Gross Per Week: $ 920*
Gross Per Annum: $ 47,840
Gross Yield: 5.79%
Capital Growth 12 Months: 0.15%
Capital Growth 10 Year Annualised: 4.73%
Vacancy Rate: 2.46%
Property Size: 188 m2
Land Area: 341 m2
Bedrooms: 2+2
Bathrooms: 2+1
Parking: 1
Title Status: 'May 2026
Property ID: 21518
SKU: 1039

Description

Discover the best of modern living with this Dual Occupancy in Armstrong Creek. Offering 2+2 bedrooms, 2+1 bathrooms and 1 car spaces, it has been designed for comfort, ease of living and long-term durability. From its thoughtful layout to its low-maintenance features, this property makes everyday living simple and rewarding. Perfect for investors, it also provides lifestyle appeal for those seeking a place to call home. It’s a versatile choice that ticks every box.


Suburb profile:

Armstrong Creek is one of Victoria’s fastest growing communities, positioned between Geelong and the Surf Coast. The suburb offers modern estates, new schools, shopping centres, and strong infrastructure investment that continues to attract families and investors. Easy access to Geelong CBD, Torquay, and the Bellarine adds to its lifestyle and rental appeal. Investors are drawn to Armstrong Creek for its growth outlook, convenience, and strong long term demand.


Full Turnkey Inclusions

  • Front & rear landscaping, driveway, and fencing
  • Colour concrete driveway
  • 20mm stone benchtops throughout
  • 2590mm ceilings throughout
  • Architecturally designed home
  • Remote control garage
  • LED downlights throughout
  • European appliances
  • Tile splashback
  • Alarm system

Designed to perform in today’s rental market, this Dual Occupancy 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.

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.

Disclaimer*

All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 111 Palomino, Armstrong Creek VIC
City Geelong
State VIC
Postcode 3217
Suburb Armstrong Creek

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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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