Lot 217 Palomino, Armstrong Creek VIC

Armstrong Creek, Geelong, VIC, 3217

$ 900,550

Armstrong Creek, Geelong, VIC, 3217
Lot 217 Palomino, Armstrong Creek VIC-0
Lot 217 Palomino, Armstrong Creek VIC-1

Property Images

Lot 217 Palomino, Armstrong Creek VIC-0 Lot 217 Palomino, Armstrong Creek VIC-1

Overview

Property ID: LA-21521

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

Details

Updated on Apr 01, 2026 at 03:02 pm

Property Type: Dual Key
Secondary Type: N/A
Price: $ 900,550
Land Price: $ 399,000
Build Price: $ 501,550
Gross Per Week: $ 885*
Gross Per Annum: $ 46,020
Gross Yield: 5.11%
Capital Growth 12 Months: 0.15%
Capital Growth 10 Year Annualised: 4.73%
Vacancy Rate: 2.46%
Property Size: 209 m2
Land Area: 392 m2
Bedrooms: 3+1
Bathrooms: 2+1
Parking: 2
Title Status: 'May 2026
Property ID: 21521
SKU: 1039

Description

This Dual Key in Armstrong Creek presents a rare opportunity to secure a modern, high-growth investment. Featuring 3+1 bedrooms, 2+1 bathrooms and 2 car spaces, it blends lifestyle comfort with strong rental appeal. Every detail has been designed to combine style with practicality, making it attractive for both tenants and future buyers. Positioned in one of Australia’s fastest-growing areas, this property is built for long-term value and immediate results. A standout choice for anyone seeking both security and growth.


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

With its blend of lifestyle appeal and investment strength, this Dual Key in Armstrong Creek is a smart choice for both seasoned investors and first-time buyers. It delivers the right mix of returns today and growth for tomorrow. A property built for lasting success.

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 217 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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