Lot 201 Palomino, Armstrong Creek VIC

Armstrong Creek, Geelong, VIC, 3217

$ 869,050

Armstrong Creek, Geelong, VIC, 3217
Lot 201 Palomino, Armstrong Creek VIC-0
Lot 201 Palomino, Armstrong Creek VIC-1

Property Images

Lot 201 Palomino, Armstrong Creek VIC-0 Lot 201 Palomino, Armstrong Creek VIC-1

Overview

Property ID: LA-21519

  • Dual Key
  • Property Type
  • 3+1
  • Bedrooms
  • 2+1
  • Bathrooms
  • 1
  • Cars
  • 209

Details

Updated on Mar 13, 2026 at 08:24 pm

Property Type: Dual Key
Secondary Type: N/A
Price: $ 869,050
Land Price: $ 415,000
Build Price: $ 454,050
Gross Per Week: $ 920*
Gross Per Annum: $ 47,840
Gross Yield: 5.50%
Capital Growth 12 Months: 0.15%
Capital Growth 10 Year Annualised: 4.73%
Vacancy Rate: 2.46%
Property Size: 209 m2
Land Area: 400 m2
Bedrooms: 3+1
Bathrooms: 2+1
Parking: 1
Title Status: May 2026
Property ID: 21519
SKU: 1039

Description

This Dual Key in Armstrong Creek has been carefully crafted to offer both practical living and solid returns. Featuring 3+1 bedrooms, 2+1 bathrooms and 1 car spaces, it balances functionality with contemporary style. Designed to meet the demands of modern tenants, it provides strong rental performance and long-term growth. Its combination of design, location and value makes it a reliable investment option. A smart addition to any property portfolio.


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

Whether you’re looking to diversify your investments or secure a low-maintenance home, this Dual Key in Armstrong Creek delivers on all fronts. With its balance of comfort and growth potential, it’s an opportunity worth securing. An investment that stands out for the future.

Dual Key Properties stand as a prime choice for investors seeking innovative solutions to maximize 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.

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 201 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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