Are you looking for the ideal canvas to build your dream home or a lucrative investment opportunity? Look no further! This 263sqm lot in Banksia Estate offers an enticing proposition for both first-time homebuyers and savvy investors.
Situated in the highly sought-after Banksia Estate, this lot boasts an enviable location. It's just a stone's throw away from both the Village Warralily and Armstrong Creek Town Centre, ensuring that all your shopping needs are met with convenience. For families, the proximity to Iona College is a standout feature. The short walk to this esteemed educational institution means your children can enjoy a quality education without the hassle of long commutes. A short drive away are the fantastic Armstrong Creek Primary School and Oberon College.
This lot presents an excellent opportunity for first-time homebuyers. With a generous 263sqm of land at your disposal, you can design and build your perfect low-maintenance home. It's a chance to create the space you've always dreamed of, tailored to your specific needs and preferences. For astute investors, this lot offers the potential for substantial returns. Banksia Estate is an up-and-coming community, and its proximity to essential amenities makes it an attractive option for 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.
Don't miss out on this golden opportunity! Act now to make this lot in Banksia Estate yours.
*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.
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 21.97% increase in median value, while Units have seen a 22.00% increase. As at 31 October 2024:
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