Lot 116 Palomino, Armstrong Creek VIC (A)

Armstrong Creek, Greater Geelong, VIC, 3217

$ 932,050

Armstrong Creek, Greater Geelong, VIC, 3217
Lot 116 Palomino, Armstrong Creek VIC (A)-0

Property Images

Lot 116 Palomino, Armstrong Creek VIC (A)-0
  • Dual Key
  • Property Type
  • 3+1
  • Bedrooms
  • 2+1
  • Bathrooms
  • 1
  • Cars
  • 181

Details

Updated on Aug 27, 2026

Property Type: Dual Key
Price: $ 932,050
Land Price: $ 479,000
Build Price: $ 453,050
Gross Per Week: $ 900**
Gross Per Annum: $ 46,800
Gross Yield: 5.02%
Capital Growth 12 Months: 7.73%
10Yr Annualised Growth: 4.14%
Vacancy Rate: 2.07%
Property Size: 181 m2
Land Area: 480 m2
Bedrooms: 3+1
Bathrooms: 2+1
Parking: 1
Title Status: Titled
Property ID: 32709
SKU: 1039

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

Experience contemporary living with this Dual Key in Armstrong Creek, designed to meet the expectations of modern buyers and investors. Offering 3+1 bedrooms, 2+1 bathrooms and 1 car space/s, it provides a functional layout with stylish finishes. The property combines comfort, efficiency and long-term durability. Positioned in a well-connected and growing community, it ensures strong appeal for tenants and buyers alike. An opportunity that blends convenience with future value.


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.


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 property represents a balanced investment, offering both lifestyle comfort and strong growth potential. Its design, location and functionality make it a dependable choice for investors and homeowners alike. A smart decision for those looking toward the future.

Dual Key Properties stand as a prime choice for investors seeking innovative solutions to maximise their returns.

These properties are ingeniously designed to include two separate living spaces within one structure, allowing for dual rental income streams from a single investment.

This setup not only enhances the property's rental yield but also offers flexibility in tenant demographics, ranging from young professionals to small families.

The distinct separation of spaces ensures privacy while maintaining the potential for a communal lifestyle, catering to the modern tenant's desire for adaptable living arrangements.

Floor plans

floor_plan.png
Address Lot 116 Palomino, Armstrong Creek VIC (A)
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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