Lot 628 Frangipani Avenue, Armstrong Creek VIC

Armstrong Creek, Geelong, VIC, 3217

$ 672,650

Armstrong Creek, Geelong, VIC, 3217
Lot 628 Frangipani Avenue, Armstrong Creek VIC-0
Lot 628 Frangipani Avenue, Armstrong Creek VIC-1
Lot 628 Frangipani Avenue, Armstrong Creek VIC-2
Lot 628 Frangipani Avenue, Armstrong Creek VIC-3
Lot 628 Frangipani Avenue, Armstrong Creek VIC-4

Property Images

Lot 628 Frangipani Avenue, Armstrong Creek VIC-0 Lot 628 Frangipani Avenue, Armstrong Creek VIC-1 Lot 628 Frangipani Avenue, Armstrong Creek VIC-2 Lot 628 Frangipani Avenue, Armstrong Creek VIC-3 Lot 628 Frangipani Avenue, Armstrong Creek VIC-4

Overview

Property ID: LA-18083

  • Co-Living
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 1
  • Cars
  • 140

Details

Updated on Sep 17, 2025 at 04:09 pm

Property Type: Co-Living
Price: $ 672,650
Land Price: $ 356,000
Build Price: $ 316,650
Gross Per Week: $ 737*
Gross Per Annum: $ 38,324
Gross Yield: 5.69%
Capital Growth 12 Months: 0.15%
Capital Growth 10 Year Annualised: 4.73%
Vacancy Rate: 2.46%
Property Size: 140 m2
Land Area: 336 m2
Bedrooms: 3
Bathrooms: 3
Parking: 1
Title Status: December 2025
Property ID: 18083
SKU: 1029

Description

This stunning co-living property in Armstrong Creek offers an ideal investment opportunity, combining modern design with functionality. Featuring 3 bedrooms, each with its own bathroom, this home delivers comfort and privacy while still promoting a sense of community living. With a thoughtfully designed floor plan, generous house size of 140m², and located within the growing Haymont Estate, it presents a strong long-term value proposition for investors.

Suburb profile:

Armstrong Creek is one of Victoria’s fastest-growing communities, located just outside Geelong and within easy reach of Melbourne. This master-planned suburb offers excellent access to schools, shopping centres, public transport, and employment hubs, making it an attractive option for both tenants and investors. With continued infrastructure development and proximity to the Surf Coast, Armstrong Creek has become a hotspot for growth and lifestyle appeal.


Inclusions:

  • Full turnkey package with landscaping, fencing and driveway included
  • 2590mm ceiling heights
  • Quality 900mm stainless steel appliances
  • Stone benchtops with modern finishes

Site Inclusions - Site Works, Foundations & Connections:

  • Fixed price site costs including rock excavation
  • Engineered waffle slab
  • Pine wall frames and roof trusses
  • All service connections included

Internal Inclusions:

  • Plasterboard walls, ceilings and cornices
  • 67mm bevel architraves and skirting
  • Carpet to bedrooms and tiles to wet areas
  • Roller blinds and flyscreens throughout

External Inclusions:

  • Concrete roof tiles
  • Colorbond fascia, gutter and downpipes
  • Feature front entry door with glazing
  • Letterbox and clothesline included

Landscaping Inclusions:

  • Front and rear landscaping with turf, plants and mulch
  • Irrigation system with timers
  • Timber fencing with gate

Electrical Inclusions:

  • LED downlights throughout
  • Hardwired smoke detectors
  • TV antenna and multiple TV points
  • Double power points in all rooms

Appliance Inclusions:

  • 900mm upright cooker and canopy rangehood
  • Stainless steel dishwasher
  • Stainless steel double bowl sink

Energy Efficiency:

  • 7-star energy rating
  • Solar hot water system with gas booster
  • Insulation to walls and ceilings
  • Self-sealing exhaust fans

Warranties:

  • 3-month maintenance period
  • 10-year structural warranty

This modern co-living property provides excellent investment potential, combining affordability with high tenant demand and future capital growth prospects.

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 628 Frangipani Avenue, 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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