16 Cherry StreetArmstrong Creek VIC 3217
Property Details for 16 Cherry St, Armstrong Creek
Last Listing description (September 2023)
Looking for a great investment opportunity or a perfect spot to build your first home? Look no further than this ideally sized 290sqm lot!
Located in a prime position, this lot offers a fantastic opportunity for first home buyers to enter the property market or for savvy investors to add to their portfolio. With its affordable price and convenient location, this lot represents excellent value for money and a great potential for future growth.
Nestled in one of the fastest-growing and most sought-after areas in the region, Merindah Estate offers a relaxed and peaceful lifestyle with all the conveniences of modern living. With easy access to major transport links, shopping, and entertainment options, this is the perfect location for families, professionals, and anyone who wants to enjoy the best of both worlds.
Don't miss out on this fantastic opportunity to secure your future in the property market. Whether you're a first home buyer or an investor, this 290sqm lot is the perfect choice for you.
Fantastic turn-key ready to build options are available. If you have any other queries please feel free to reach out at any time.
Property History for 16 Cherry St, Armstrong Creek, VIC 3217
- 20 Sep 2023Sold for $300,000
- 14 Aug 2023Listed for Sale $290,000 - $310,000
- 28 May 2021Sold for $239,000
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0About 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 9,706 properties. Over the last 5 years, Houses in Armstrong Creek have seen a 24.82% increase in median value, while Units have seen a 20.37% increase. As at 31 July 2024:
- The median value for Houses in Armstrong Creek is $693,022 while the median value for Units is $711,088.
- Houses have a median rent of $510 while Units have a median rent of $480.
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