Lot 601 Tranquility Crescent, Armstrong Creek VIC

Armstrong Creek, Geelong, VIC, 3217

$ 661,985

Armstrong Creek, Geelong, VIC, 3217
Lot 601 Tranquility Crescent, Armstrong Creek VIC-0
Lot 601 Tranquility Crescent, Armstrong Creek VIC-1
Lot 601 Tranquility Crescent, Armstrong Creek VIC-2
Lot 601 Tranquility Crescent, Armstrong Creek VIC-3

Property Images

Lot 601 Tranquility Crescent, Armstrong Creek VIC-0 Lot 601 Tranquility Crescent, Armstrong Creek VIC-1 Lot 601 Tranquility Crescent, Armstrong Creek VIC-2 Lot 601 Tranquility Crescent, Armstrong Creek VIC-3

Overview

Property ID: LA-17010

  • Co-Living
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 1
  • Cars
  • 129

Details

Updated on Aug 15, 2025 at 11:09 am

Property Type: Co-Living
Price: $ 661,985
Land Price: $ 299,000
Build Price: $ 362,985
Gross Per Week: $ 840
Gross Per Annum: $ 43,680
Gross Yield: 6.60%
Capital Growth 12 Months: 0.15%
Capital Growth 10 Year Annualised: 4.73%
Vacancy Rate: 2.46%
Property Size: 129 m2
Land Area: 238 m2
Bedrooms: 3
Bathrooms: 3
Parking: 1
Title Status: Titled
Property ID: 17010
SKU: 1048

Description

This modern co-living property in the sought-after Harriott Estate, Armstrong Creek VIC, offers a smartly designed layout with 3 bedrooms, 2 bathrooms, and open-plan living spaces. Featuring quality finishes, ducted heating, and turnkey upgrades, it caters perfectly to tenants seeking comfort and convenience. Positioned on a 238m² lot, it delivers a low-maintenance lifestyle with all essential inclusions, making it an ideal high-yield investment opportunity.

Suburb profile:

Armstrong Creek is one of Victoria’s fastest-growing coastal communities, strategically located between Geelong and the Surf Coast. Residents enjoy quick access to beaches, major shopping centres, and excellent transport links to Melbourne. The suburb offers a family-friendly environment with quality schools, parks, and recreational facilities, while ongoing development ensures strong future demand. Armstrong Creek’s blend of coastal charm and urban convenience makes it a highly attractive location for investors and residents alike.


Inclusions:

  • Split system air conditioner to living room
  • Blinds & fly-screens to all windows
  • Concrete driveway & porch (colour through)
  • Front, side & rear landscaping with drip system
  • Full fencing, clothesline, letterbox & TV antenna

Internal Inclusions:

  • 2590mm ceiling height
  • 20mm stone benchtops to kitchen, bathroom, ensuite & laundry
  • 600mm in-built oven, cooktop & canopy rangehood
  • Stainless steel dishwasher
  • Timber laminate flooring to living, entry & passageways
  • Carpet to all bedrooms
  • Soft close cabinet doors & drawers to kitchen & bathrooms
  • LED downlights to all internal rooms & porch
  • Ducted heating to whole home

External Inclusions:

  • Colorbond roof & fully rendered home
  • Developer guidelines including eaves, water tank, recycled water & corner treatment
  • BAL 12.5 bushfire compliant (where applicable)
  • 4 x independent building inspections

Electrical Inclusions:

  • Internal LED downlights throughout
  • Double power points throughout
  • 2 x TV points including cable to roof space
  • NBN provision infrastructure
  • 2 x data points
  • Hardwired smoke detectors with battery backup

Appliance Inclusions:

  • 600mm in-built oven
  • 600mm cooktop
  • 600mm canopy rangehood
  • Stainless steel dishwasher

Upgraded Inclusions:

  • Premium ceiling height
  • Stone benchtops to multiple areas
  • Solar panels (if required)

Energy Efficiency:

  • 7-star energy & NCC compliant
  • Solar panels (if required)

Warranties:

  • 7-year structural guarantee
  • 3-month maintenance inspection & warranty

This co-living property combines contemporary design with a prime growth location, delivering strong rental appeal and the potential for excellent long-term returns.

A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.

Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.

A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.

Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.

A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.

Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.

Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.

You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing

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 601 Tranquility Crescent, 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.

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