Lot 318 - Palomino Estate - Armstrong Creek
Armstrong Creek, Geelong, VIC, 3217$ 754,425
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 129
Details
Updated on Jun 16, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 754,425 |
| Land Price: | $ 395,000 |
| Build Price: | $ 359,425 |
| Gross Per Week: | $ 515 |
| Gross Per Annum: | $ 26,520 |
| Gross Yield: | 3.55% |
| Capital Growth 12 Months: | 7.99% |
| Capital Growth 10 Year Annualised: | 4.14% |
| Vacancy Rate: | 1.35% |
| Property Size: | 129 m2 |
| Land Area: | 347 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | N/A |
| Property ID: | 28021 |
| SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
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
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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