SOLD
RECENT ADVICE
Sold on 29 Nov 2023 for $287,000

20 Paradise Circuit
Armstrong Creek VIC 3217

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 268m2
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Property Details for 20 Paradise Cct, Armstrong Creek

Building Type
Land
Land Size
268m2
Local Government
Greater Geelong
Lot/Plan
212/PS905698

Last Listing description (November 2023)

Presenting an excellent opportunity for first-time home buyers and investors alike, this 268sqm titled land in the thriving new Banksia Estate is the perfect destination to design your perfect low maintenance home or new investment venture! For astute investors, this lot offers the potential for substantial returns, with Banksia Estate being an up-and-coming community, it's proximity to essential amenities makes it an attractive option for future prospective renters. Take advantage of the increasing demand for housing in this area and secure your foothold in this promising estate!

With Barwon Heads and Torquay just a short drive away, you'll have easy access to some of Victoria's most picturesque coastal destinations. Whether it's a day at the beach or exploring the vibrant Geelong city, the options for leisure and recreation are limitless.

Shopping Centers:

Located near the Armstrong Creek Town Centre & Warralily Village shopping centres, this is all you need with direct & easy access. With future growth planned all the shops and cafes you need the options will continue to grow!

Schools:
Iona College, Oberon High School, Armstrong Creek Primary & Geelong Lutheran College are all within a short distance making this the perfect location for the established or growing family.

*All information offered by Armstrong Real Estate is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Armstrong Real Estate simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Armstrong Real Estate will not be liable for any loss resulting from any action or decision by you in reliance on the information.

Property History for 20 Paradise Cct, Armstrong Creek, VIC 3217

A timeline of how this property has performed in the market
Last Sold
$287,000
29 Nov 2023
  • 30 Nov 2023
    Sold for $287,000
  • 11 Oct 2023
    Listed for Sale $279,000 - $299,000
  • 31 Mar 2022
    Sold for $286,000

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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 9,706 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.
There are currently 116 properties listed for sale, and 27 properties listed for rent in Armstrong creek on OnTheHouse. According to CoreLogic's data, 567 properties were sold in the past 12 months in Armstrong creek.

Suburb Insights for Armstrong Creek 3217

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Mia Kerr
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Victor Das
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Armstrong Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.