Lot 924 Palustris Street Armstrong Creek, VIC 3217

Armstrong Creek, Greater Geelong, VIC, 3217

$ 896,800

Armstrong Creek, Greater Geelong, VIC, 3217
Lot 924 Palustris Street Armstrong Creek, VIC 3217-0

Property Images

Lot 924 Palustris Street Armstrong Creek, VIC 3217-0
  • Co living
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 234

Details

Updated on May 22, 2026

Property Type: Co living
Price: $ 896,800
Land Price: $ 432,000
Build Price: $ 464,800
Gross Per Week: $ 925
Gross Per Annum: $ 48,100
Gross Yield: 5.22 - 5.51%
Capital Growth 12 Months: 7.99%
Capital Growth 10 Year Annualised: 4.14%
Vacancy Rate: 1.35%
Property Size: 234 m2
Land Area: 448 m2
Bedrooms: 4
Bathrooms: 3
Parking: 2
Title Status: Q4 2026
Property ID: 23576
SKU: 1045
Sold: Jun 17, 2026

Features

  • 2700 mm Ceiling Height
  • Additional Ensuite
  • Coloured concrete driveway upto 35sqm
  • Colourbond roof
  • Fixed site cost upto 500 mm fall
  • Double Glazed windows
  • Eaves in the front of the house with 3 m return
  • 900 mm cooktop, canopy and oven
  • 2 remote control to the double garage
  • Brickwork over doors and windows
  • Laminate wooden flooring to the living areas and corridors
  • LED downlights throughout the house
  • NBN/ Opticom connection
  • Recycled water connection
  • Co living Furniture Pack

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

Positioned within the growing suburb of Armstrong Creek, this Co Living offers a modern solution for comfortable living and smart investment. With 4 bedrooms, 3 bathrooms and 2 car space/s, it provides a layout that supports both functionality and lifestyle. Its design focuses on ease of living, making it attractive to a wide range of tenants and buyers. Backed by strong growth potential, it stands as a reliable and future-ready property. An ideal addition to any portfolio.

Armstrong Creek is a rapidly growing suburb in Greater Geelong, offering modern estates, quality schools, and strong lifestyle appeal. With shopping centres, parklands, and easy access to the Geelong CBD and Surf Coast, the area attracts consistent rental demand. Ongoing infrastructure investment continues to support population growth and long-term capital appreciation.

With its strong rental appeal and long-term growth prospects, this Co Living in Armstrong Creek is positioned for success. It offers both stability and opportunity, making it an excellent addition to any property portfolio. A reliable investment in a growing market.

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

Floor plans

floor_plan.png
Address Lot 924 Palustris Street Armstrong Creek, VIC 3217
City Greater Geelong
State VIC
Postcode 3217
Suburb Armstrong Creek
Estate Armstrong Creek- The Reserve Estate

Similar Listings

Featured
Rental Guarantee Co living
  • $ 1,024,100
Gross Return
$ 109,200
Gross Yield
10.66%
Capital Growth
6.62%
Vacancy Rate
3.09%

Lot 144 Empress Way, Smythes Creek VIC

Smythes Creek, Ballarat, VIC, 3351
  • 6 Bedrooms
  • 6 Bathrooms
  • 2Cars
Co living
Featured
Rental Guarantee Co living SMSF
  • $ 835,000
Gross Return
$ 72,800
Gross Yield
8.72%
Capital Growth
7.42%
Vacancy Rate
0.36%

Lot S Colac VIC (4 beds)

Colac, Colac Otway, VIC, 3250
  • 4 Bedrooms
  • 4 Bathrooms
  • 2Cars
Co living
Featured
Rental Guarantee Co living SMSF
  • $ 1,025,000
Gross Return
$ 109,200
Gross Yield
10.65%
Capital Growth
6.46%
Vacancy Rate
0.68%

Lot S Ballarat VIC (6 beds)

Ballarat, Ballarat, VIC, 3350
  • 6 Bedrooms
  • 6 Bathrooms
  • 2Cars
Co living
Featured
Rental Guarantee Co living SMSF
  • $ 1,025,000
Gross Return
$ 109,200
Gross Yield
10.65%
Capital Growth
7.39%
Vacancy Rate
1.63%

Lot S Shepparton VIC (6 beds)

Shepparton, Shepparton, VIC, 3630
  • 6 Bedrooms
  • 6 Bathrooms
  • 2Cars
Co living

Sold Listings

Co living SMSF
  • $ 1,130,900
Sold
Gross Return
$ 62,400
Gross Yield
5.52%
Capital Growth
7.71%
Vacancy Rate
2.30%

206 Proposed St Warragul, VIC 3820

Warragul, Baw Baw, VIC, 3820
  • 6 Bedrooms
  • 6 Bathrooms
  • 2Cars
Co living
Co living SMSF
  • $ 980,250
Sold
Gross Return
$ 47,840
Gross Yield
4.88%
Capital Growth
9.88%
Vacancy Rate
5.57%

1305 Proposed St Weir Views, VIC 3338

Weir Views, Melton, VIC, 3338
  • 4 Bedrooms
  • 4 Bathrooms
  • 2Cars
Co living
Co living SMSF
  • $ 852,969
Sold
Gross Return
$ 72,800
Gross Yield
8.53%
Capital Growth
0.00%
Vacancy Rate
0.00%

616 Buskley Ave BALLARAT, VIC 3353

Ballarat, Brimbank, VIC, 3353
  • 4 Bedrooms
  • 3 Bathrooms
  • 2Cars
Co living
Co living SMSF
  • $ 827,000
Sold
Gross Return
$ 72,800
Gross Yield
8.80%
Capital Growth
0.00%
Vacancy Rate
0.00%

616 Buskley Ave BALLARAT, VIC 3353

Ballarat, Brimbank, VIC, 3353
  • 5 Bedrooms
  • 5 Bathrooms
  • 2Cars
Co living

ENQUIRE ABOUT THIS PROPERTY

Why Buy With Aus Investment Properties?

  • Dedicated In-house Project Manager.
  • High-yielding properties.
  • Independent rental assessment.
  • Full turnkey properties, 'Ready to Rent'.
  • Brand new properties with builders warranty.
  • High quality, highly specified properties.
  • Tax and depreciation benefits from new properties.
  • Buy direct from the builder.
  • Investor or SMSF.
Buy Property Banner

Search 1000'S Of Off-Market Investment Properties!

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

Compare listings

Compare