Armstrong
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About this property
Dual-key Homes meet the living needs of a changing market and deliver higher yields to investors. Our latest Dual-key Home in Armstrong Creek is worth a closer look. 3+1 Dual-key Home | 181 sqm 392 sqm Land $876,640 Full turnkey price Upgraded inclusions Over 5.6% Yield Located for easy coastal living with easy access to Geelong CBD and Melbourne CBD Coastal Lifestyle with parklands, walking trails, local schools and retail 8-12 km to Torquay Coastline 17 km Geelong CBD 78 km Melbourne CBD Smart design for easy living with spacious indoor and outdoor space plus storage and designer finishes and inclusions that create a true sense of home. 20mm Stone Benchtops 2590Ceiling height European appliances and alarm system LED downlights throughout Investor Benefits Optimised for Proposed New Tax Laws New Dwelling = Choice of 50% CGT discount Negative gearing benefits available Bigger depreciation schedule and tax claim High Demand Dual-key Homes provide tenants with a right-sized home that meets their needs at a competitive rental price. Vacancy rates across all markets are at record lows and the affordability benefits delivered with Dual-key Homes ensures these homes will be highly sought after. Sticky Tenants Finding an affordable living options is far from easy in today's market. The affordability advantages of Dual-key Homes will result in tenants staying longer which means no income gaps, lower management costs and less wear and tear on the home. High Yield Typical yields in the Armstrong Creek area for 4-bedroom homes is around 3.9%. In-demand Dual-key Homes deliver more yield and higher investment returns. Estimated Rental = 950 pw | 5.6% Yield Unit 1 | $550 - $600 per week Unit 2 | $330 - $350 per week Achieve More with Dual-Key Homes investment that delivers over 40% more rental yield. Market Conditions Investors looking for the right combination of yield and growth will find Armstrong Creek an investment destination that ticks both boxes. Rental Vacancy Rates 1.5% Rental Growth 5% Median House Price Growth - Last quarter 2% - 1 Year 6% - 2 Years 12% This is a confident and consistent market, driven by new estate supply and strong population inflow. Stock on market is tight, and new land releases are limited. The demand v supply balance works in the investors favour in Armstrong Creek Wait and Watch or Get Involved Now With land and build prices continuing to rise and the continued shortage of new land releases, time delivers nothing but higher prices. Astute investors are confidently moving to secure new homes at current pricing. Why wait and pay more. Costs are not coming down, the market imbalance of supply and demand across prime locations will see property prices continue to rise. Why wait to pay more. Contact the Meridien Invest team today and make your next investment move with confidence. How to Proceed 1. The EOI Form This is like a 'contract order'. We get full buyer details, photo ID, conveyancing service, broker/lender details that are needed to create contracts. 2. Initial Deposit Once the initial deposit is paid, the property is off the market for you. The initial deposit is refundable if the contract does not proceed. 3. Contracts Issued We co-ordinate everything for you and ensure that the contract details are all correct when issued. Need to Know More Contact Emma or Sam, the Meridien Invest Dual-key Homes specialists and learn more about how you can achieve more from your investment program.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 4
- Bathrooms
- 3
- Parking
- 2
- Land Area
- 392 m²
- Listed
- 3 weeks ago
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Neighbourhood
Living in Creek
This 4-bedroom house in Creek, VIC 3217 sits within reach of public transport, local shops local amenities. It is listed 28% above the $688,145 median of 86 comparable houseswithin 5 km.
What's nearby
- Warralily Bvd/Barwon Heads Rd (bus) — 310 m away
- Bottlemart — 653 m away
- Warralily Reserve — 344 m away
- Unnamed — 441 m away
- Unnamed — 584 m away
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