SOLD
RECENT ADVICE
Sold on 24 Jul 2024 for $2,050,000

261-269 Lake Road
Armstrong Creek VIC 3217

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 20ac
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Property Details for 261-269 Lake Rd, Armstrong Creek

Building Type
Rural
Land Size
20ac
Local Government
Greater Geelong
Lot/Plan
5/LP92692

Last Listing description (July 2024)

A rural treasure in the heart of the rapidly expanding Armstrong Creek, this largely cleared and level 20-acre (approx.) property offers a unique opportunity to craft your country dream while simultaneously enjoying a lifestyle of absolute convenience.

Evoking a faraway feeling yet sitting so close to the spoils of this growing region bursting with new infrastructure including schools, restaurants, and retail facilities, this is a property that is sure to impress those seeking a lifestyle of space, serenity, and opportunity.


This significant holding provides an idyllic setting for glorious rural living – whether that be building your dream home (STCA), hobby farming, equestrian pursuits, or simply enjoying the open space – while its strategic location abutting an Urban Growth Zone provides the potential to benefit into the future should a change in land use become available.

Cherished by its current owners for 40 years, an original three-bedroom brick farmhouse is perfect to live in while considering your future plans, delighting with its rustic timber kitchen and separate living room with wood burning fire.

For the equine enthusiast, there are multiple secure paddocks and stable offerings, a wash station and round yard, plus an abundance of storage sheds that equally lend themselves to a range of home businesses pursuits or other livestock holdings.

Seize this enviable opportunity to realise your vision for a rural haven, where you can celebrate the splendour of country living, and embrace a highly desirable lifestyle mere minutes to the vibrant coastal playgrounds of Barwon Heads and Torquay, and just 10km from the Geelong CBD.

Property History for 261-269 Lake Rd, Armstrong Creek, VIC 3217

A timeline of how this property has performed in the market
Last Sold
$2,050,000
24 Jul 2024
  • 24 Jul 2024
    Sold for $2,050,000
  • 24 May 2024
    Listed for Sale $2,000,000-$2,200,000
  • 19 Dec 2023
    Listed for Sale Not Disclosed
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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 9,634 properties. Over the last 5 years, Houses in Armstrong Creek have seen a 22.79% increase in median value, while Units have seen a 28.35% increase. As at 30 September 2024:

  • The median value for Houses in Armstrong Creek is $685,542 while the median value for Units is $752,991.
  • Houses have a median rent of $520 while Units have a median rent of $490.
There are currently 112 properties listed for sale, and 28 properties listed for rent in Armstrong creek on OnTheHouse. According to CoreLogic's data, 589 properties were sold in the past 12 months in Armstrong creek.

Suburb Insights for Armstrong Creek 3217

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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.