Lot 116 Palomino, Armstrong Creek VIC (B)

Armstrong Creek, Greater Geelong, VIC, 3217

$ 977,150

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

Property Images

Lot 116 Palomino, Armstrong Creek VIC (B)-0
  • Dual Occupancy
  • Property Type
  • 3+1
  • Bedrooms
  • 2+1
  • Bathrooms
  • 2
  • Cars
  • 209

Details

Updated on Jul 22, 2026

Property Type: Dual Occupancy
Price: $ 977,150
Land Price: $ 479,000
Build Price: $ 498,150
Gross Per Week: $ TBA
Gross Per Annum: $ TBA
Gross Yield: TBA%
Capital Growth 12 Months: 7.99%
10Yr Annualised Growth: 4.14%
Vacancy Rate: 1.35%
Property Size: 209 m2
Land Area: 480 m2
Bedrooms: 3+1
Bathrooms: 2+1
Parking: 2
Title Status: Titled
Property ID: 32711
SKU: 1039
Sold:

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

Experience contemporary living with this Dual Occupancy in Armstrong Creek, designed to meet the expectations of modern buyers and investors. Offering 3+1 bedrooms, 2+1 bathrooms and 2 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 a master-planned suburb in the Geelong growth corridor, just 15 minutes from the city and the surf coast. The area boasts modern infrastructure, schools, shopping precincts, and public transport links. Armstrong Creek attracts a wide demographic, including families, professionals, and students, due to its convenience and proximity to education and employment hubs. With ongoing development and government investment, this suburb continues to grow in appeal for residents and investors alike.


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

floor_plan.png
Address Lot 116 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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