Lot 115 Palomino, Armstrong Creek VIC

Armstrong Creek, Greater Geelong, VIC, 3217

$ 987,050

Armstrong Creek, Greater Geelong, VIC, 3217
Dual Occupancy Investment Property in Armstrong Creek, VIC (4.82% Yield) | Aus Investment Properties - Photo 1

Property Images

Dual Occupancy Investment Property in Armstrong Creek, VIC (4.82% Yield) | Aus Investment Properties - Photo 1
  • Dual Occupancy
  • Property Type
  • 3+1
  • Bedrooms
  • 2+1
  • Bathrooms
  • 2
  • Cars
  • 209

Details

Updated on Sep 22, 2026

Property Type: Dual Occupancy
Price: $ 987,050
Land Price: $ 479,000
Build Price: $ 508,050
Gross Per Week: $ 915
Gross Per Annum: $ 47,580
Gross Yield: 4.82%
Capital Growth 12 Months: 7.73%
10Yr Annualised Growth: 4.14%
Vacancy Rate: 2.07%
Property Size: 209 m2
Land Area: 480 m2
Bedrooms: 3+1
Bathrooms: 2+1
Parking: 2
Title Status: Titled
Property ID: 25919
SKU: 1039

Description

This Dual Occupancy in Armstrong Creek offers a well-balanced combination of modern living and investment potential. Featuring 3+1 bedrooms, 2+1 bathrooms and 2 car space/s, it has been designed with both comfort and functionality in mind. Its practical layout and quality finishes make it appealing to tenants and homeowners alike. Located in a growing area, it provides strong prospects for both rental demand and long-term capital growth. A property that delivers both lifestyle and value.


Suburb profile:

Armstrong Creek is one of Victoria's fastest-growing communities, located just outside Geelong and within easy reach of Melbourne. This master-planned suburb offers excellent access to schools, shopping centres, public transport, and employment hubs, making it an attractive option for both tenants and investors. With continued infrastructure development and proximity to the Surf Coast, Armstrong Creek has become a hotspot for growth and lifestyle appeal.


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

This Dual Occupancy in Armstrong Creek is more than just a property , It's a secure, future-ready investment. Combining location, design and return potential, it makes a valuable addition to any portfolio. A choice that blends stability with opportunity.

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

Dual Occupancy Investment Property in Armstrong Creek, VIC (4.82% Yield) | Aus Investment Properties - Floor Plan 1

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address Lot 115 Palomino, Armstrong Creek VIC
City Greater Geelong
State VIC
Postcode 3217
Suburb Armstrong Creek
Estate Palomino
Region Geelong

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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.

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