AFFORDABLE DUAL OCCUPANCY - GEELONG SUBURB - VICTORIA - POISED FOR GROWTH!
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About this property
Armstrong Creek's explosive growth is driven by its rare combination ofÃÂ regional affordability, coastal lifestyle access, and a massive committed infrastructure pipeline. Located south of Geelong, it provides modern, master-planned living within a short drive to the Surf Coast and a viable commute to Melbourne.ÃÂ Key drivers propelling the area's ongoing expansion include: - Massive Infrastructure Investment:ÃÂ Supported by a coordinated ~$5 billion state and local investment plan, the suburb benefits from dedicated, built-in amenities. This includes the progressive construction of the $1 billionÃÂ Armstrong Creek Town Centre, as well as local education precincts.ÃÂ - Lifestyle & Coastal Access:ÃÂ Sitting seamlessly between Geelong's CBD and the famous Surf Coast, it offers a relaxed "sea change" environment close to popular beaches like Torquay. - Regional Affordability:ÃÂ The suburb provides high-quality, brand-new housing at entry-level price points that remain highly attractive to first-home buyers and young families moving out of metropolitan Melbourne.ÃÂ - Enhanced Transport Connectivity:ÃÂ Major arterial upgrades, such as the $318 million Barwon Heads Road overhaul, improved bus routes to Marshall and Waurn Ponds train stations, and plans to reduce the Melbourne rail commute, make the area accessible for commuters.ÃÂ - Strong Rental Yields:ÃÂ Consistent demand from a youthful, growing population has fueled robust rental yields (averaging around 4%), turning it into a major hotspot for regional property investors.ÃÂ Property description: Affordable Dual Occupancy Land: 483m2 Price: $455,000. Titled Home: 248.99m2 Build: $479,792 Total size is 6 beds, 3 baths and 2 cars Main Dwelling - 4 beds, 2 baths and 1 car Secondary Dwelling: 2 beds, 1 bath and 1 car FIXED PRICE BUILD CONTRACT: Build cost $479,792 RENTAL ESTIMATE: Estimate for rental is $950 per week TO PURCHASE: TWO CONTRACTS - this property is subject to availability Land plus HIA Building Contract Land is registered - land settles in 14 days after finance approval Finance approval in 21 days from date of land contract Initial deposit on EOI $1000 refundable FOR SALE: $934,792 Kaye Tilley 0418 823 046
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 6
- Bathrooms
- 3
- Parking
- 2
- Land Area
- 483 m²
- Listed
- 2 weeks ago
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Neighbourhood
Living in Geelong
This 6-bedroom house in Geelong, VIC 3220 sits within reach of public transport, local shops and nearby schools. It is listed 48% above the $630,000 median of 76 comparable houseswithin 5 km.
Schools near Geelong
- Matthew Flinders Girls Secondary Collegesecondary · 7-12 · CoEd
- SEDA College (Victoria) - AFL- Geelongsecondary
What's nearby
- Moorabool Street Bus Interchange (bus) — 89 m away
- Telstra — 27 m away
- Johnstone Park — 427 m away
- Customs Park — 547 m away
- Transvaal Square — 625 m away
Geelong at a glance
Full suburb profile- Population
- 5,811
- Median age
- 40
- Household income
- $1,670/wk
- Median rent
- $370/wk
- Median mortgage
- $2,000/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Geelong price trend
Median sold · House 3 bed
Compound growth -2.7% / yr over 4 yrs
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Price history
Listing price changes
1 price change recorded for this property
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