Lot 114 Palomino, Armstrong Creek VIC (B)

Armstrong Creek, Greater Geelong, VIC, 3217

$ 970,450

Armstrong Creek, Greater Geelong, VIC, 3217
Lot 114 Palomino, Armstrong Creek VIC (B)-0

Property Images

Lot 114 Palomino, Armstrong Creek VIC (B)-0
  • Dual Occupancy
  • Property Type
  • 3+1
  • Bedrooms
  • 2+1
  • Bathrooms
  • 2
  • Cars
  • 209

Details

Updated on Aug 27, 2026

Property Type: Dual Occupancy
Price: $ 970,450
Land Price: $ 469,000
Build Price: $ 501,450
Gross Per Week: $ 890**
Gross Per Annum: $ 46,280
Gross Yield: 4.77%
Capital Growth 12 Months: 7.73%
10Yr Annualised Growth: 4.14%
Vacancy Rate: 2.07%
Property Size: 209 m2
Land Area: 476 m2
Bedrooms: 3+1
Bathrooms: 2+1
Parking: 2
Title Status: Titled
Property ID: 32710
SKU: 1039
Sold: Aug 27, 2026

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

Located in Armstrong Creek, this Dual Occupancy is more than just a home , It's a smart investment opportunity. With 3+1 bedrooms, 2+1 bathrooms and 2 car space/s, it delivers functional design with modern living in mind. Investors will appreciate its strong yield potential, while residents will enjoy the comfort and convenience it provides every day. Set within a growth corridor, it combines lifestyle benefits with future financial returns. A property that works for you today and tomorrow.


Suburb profile:

Armstrong Creek is a major growth suburb within the Greater Geelong region, positioned between Geelong CBD and the Surf Coast. The area benefits from proximity to Torquay beaches, Marshall Train Station and direct access to the Princes Highway.


Inclusions:

  • Front and rear landscaping, driveway, and fencing
  • 20mm stone benchtops throughout
  • Architecturally designed home
  • LED downlights throughout
  • Colour concrete driveway
  • 2590mm ceilings throughout
  • Remote control garage
  • 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.

Floor plans

floor_plan.png
Address Lot 114 Palomino, Armstrong Creek VIC (B)
City Greater Geelong
State VIC
Postcode 3217
Suburb Armstrong Creek
Estate Palomino

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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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