Lot 315 - Palomino Estate - Armstrong Creek

Armstrong Creek, Geelong, VIC, 3217

$ 716,675

Armstrong Creek, Geelong, VIC, 3217
Lot 315 -  Palomino Estate - Armstrong Creek-0
Lot 315 -  Palomino Estate - Armstrong Creek-1

Property Images

Lot 315 -  Palomino Estate - Armstrong Creek-0 Lot 315 -  Palomino Estate - Armstrong Creek-1
  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Cars
  • 117

Details

Updated on Jun 16, 2026

Property Type: House and Land
Price: $ 716,675
Land Price: $ 375,000
Build Price: $ 341,675
Gross Per Week: $ 515
Gross Per Annum: $ 26,520
Gross Yield: 3.74%
Capital Growth 12 Months: 7.73%
10Yr Annualised Growth: 4.14%
Vacancy Rate: 2.07%
Property Size: 117 m2
Land Area: 321 m2
Bedrooms: 3
Bathrooms: 2
Parking: 1
Title Status: N/A
Property ID: 28022
SKU: 1001

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

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Introducing, Palomino – a locale brimming with potential. Nestled within a sought-after coastal community and within easy reach of Geelong, this address offers the perfect blend of lifestyle and opportunity. In Armstrong Creek, you’re not just securing a home, but a future defined by the calm of the coast, the beauty of lush, green surrounds and the promise of possibility in a location poised to thrive.

Armstrong Creek is a rapidly growing suburb in the Geelong, located about 10–11 km south of the city and around 85–90 km southwest of Melbourne. Established in 2012 as part of a major urban development project, it has quickly transformed from rural land into a modern residential community and is considered one of Victoria’s fastest-growing areas. 

The suburb is popular with young families and first-home buyers due to its contemporary housing estates, family-friendly environment, and proximity to coastal destinations like Torquay and Barwon Heads. Armstrong Creek is part of a large planned growth corridor designed to eventually accommodate tens of thousands of residents, with ongoing development of schools, parks, shopping centres, and community facilities, including the recently opened Biyal-a Armstrong Creek Library. While it offers strong growth potential and a modern lifestyle, some amenities are still being developed, giving parts of the suburb a newly established feel.

Address Lot 315 - Palomino Estate - Armstrong Creek
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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