Lot S11 Canary Drive, Armstrong Creek VIC
Greater Geelong, VIC, 3217$ 874,000
- Co-living
- Property Type
- 4
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 240
Details
Updated on Oct 26, 2026
| Property Type: | Co-living |
|---|---|
| Secondary Type: | SMSF |
| Price: | $ 874,000 |
| Land Price: | N/A |
| Build Price: | N/A |
| Gross Per Week: | $ 980 |
| Gross Per Annum: | $ 50,960 |
| Gross Yield: | 5.83% |
| Capital Growth 12 Months: | 7.73% |
| 10Yr Annualised Growth: | 4.14% |
| Vacancy Rate: | 3.13% |
| Property Size: | 240 m2 |
| Land Area: | 425 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 3 |
| Parking: | 2 |
| Title Status: | Titled |
| Property ID: | 20179 |
| SKU: | 1053 |
Description
This Co-living in Armstrong Creek presents a rare opportunity to secure a modern, high-growth investment. Featuring 4 bedrooms, 3 bathrooms and 2 car spaces, it blends lifestyle comfort with strong rental appeal. Every detail has been designed to combine style with practicality, making it attractive for both tenants and future buyers. Positioned in one of Australia’s fastest-growing areas, this property is built for long-term value and immediate results. A standout choice for anyone seeking both security and growth.
Suburb profile:
Armstrong Creek is one of Geelong’s fastest-growing communities, offering modern living surrounded by landscaped parks, walking trails, and family-friendly amenities. Residents enjoy close access to quality schools, childcare centres, and the Armstrong Creek Town Centre, which provides a full range of shopping and dining options. The suburb is positioned between Geelong and the Surf Coast, giving locals easy access to both employment hubs and popular beaches. With ongoing infrastructure development and strong demand for new homes, Armstrong Creek continues to attract both homeowners and investors seeking long-term growth.
With its blend of lifestyle appeal and investment strength, this Co-living in Armstrong Creek is a smart choice for both seasoned investors and first-time buyers. It delivers the right mix of returns today and growth for tomorrow. A property built for lasting success.
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
Features
- Single Storey
- 4 bedrooms
- 3 bathrooms
- double garage
- Completed Home
Floor plans
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
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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.