FOR SALE
$270,000-$290,000

17 Duke Street
Armstrong Creek VIC 3217

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 248m2
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Titled Land in Armstrong Creek!

Nestled within the highly sought-after Merindah Estate, this 248sqm lot presents an exceptional opportunity for first-time homebuyers eager to enter the property market and clever investors seeking to create a lucrative low-maintenance rental property.
Location Highlights:
This lot is situated conveniently close to the Village Warralily shops and offers the perfect blend of suburban tranquillity and urban accessibility. The Merindah Estate's peaceful surroundings provide a serene backdrop for building your dream home or investment property.
First Home Buyer's Delight:
Ideal for first-home buyers to secure their first place. The manageable size of the lot allows for cost-effective construction while providing ample space for a comfortable home and yard. The Merindah Estate's family-friendly ambience and the nearby Armstrong Creek Primary School and Oberon High School ensure an excellent educational environment for growing families.
Investor's Dream:
This lot holds immense potential for investors keen on generating substantial rental income. The layout and dimensions of the lot lend themselves to creating a modern, low-maintenance rental property that will attract renters seeking convenience and comfort.
Prime Location:
In addition to its local amenities, the lot's strategic location offers easy access to world-class beaches, a mere 15-minute drive away. The allure of coastal living is a short journey from your doorstep, allowing for weekends filled with sun, sand, and relaxation. Furthermore, the vibrant city of Geelong, with its cultural attractions, shopping districts, and dining options, is conveniently nearby, ensuring that residents can access a wide range of leisure activities and entertainment.
Don't miss out on the chance to secure your place in this thriving community and vibrant location. Enquire today to turn your property dreams into a reality.
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Property Details for 17 Duke St, Armstrong Creek

Building Type
Land
Land Size
248m2

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About Armstrong Creek 3217

The size of Armstrong Creek is approximately 18.7 square kilometres. It has 2 parks covering nearly 6% of total area. The population of Armstrong Creek in 2011 was 353 people. By 2016 the population was 4,237 showing a population growth of 1100.3% in the area during that time. The predominant age group in Armstrong Creek is 30-39 years. Households in Armstrong Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Armstrong Creek work in a professional occupation. In 2011, 88.5% of the homes in Armstrong Creek were owner-occupied compared with 73.1% in 2016.

Armstrong Creek has 9,635 properties. Over the last 5 years, Houses in Armstrong Creek have seen a 21.97% increase in median value, while Units have seen a 22.00% increase. As at 31 October 2024:

  • The median value for Houses in Armstrong Creek is $687,936 while the median value for Units is $687,105.
  • Houses have a median rent of $520 while Units have a median rent of $490.
There are currently 109 properties listed for sale, and 41 properties listed for rent in Armstrong creek on OnTheHouse. According to CoreLogic's data, 587 properties were sold in the past 12 months in Armstrong creek.

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