SOLD
Sold on 07 Aug 2024 for $2,365,000

718-720 Barwon Heads Road
Armstrong Creek VIC 3217

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 4891m2
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Property Details for 718-720 Barwon Heads Rd, Armstrong Creek

Building Type
Rural
Land Size
4891m2
Local Government
Greater Geelong
Lot/Plan
1/PS518246

Last Listing description (December 2022)

Located on the periphery of Warralily town centre and in the Horseshoe Bend PSP provides great opportunity for residential allotments, potential childcare and much more stca*.

- General Resedential zoning schedule 4
- 4,916m2 approx

- 47m approx of Barwon Heads Road frontage
- 9 km approx to Geelong CBD (10 mins )
- 13 km approx to Barwon Heads (12 mins)
- 7 km approx to M1 ringroad to Melbourne (1 hr 10 mins)
- 500m to Armstrong creek education precinct, Armstrong creek primary, Oberon High, Community hub
- Invest in one of Australia's fastest growing regions with populations estimate growth of 60,000 residents
- 10,000+ approx. cars per day

Terms: Min 10% deposit, balance by negotiation

EXPRESSIONS OF INTEREST NOV 16TH 5pm

Please contact for further information and onsite inspection

Disclaimer:
All information provided is in good faith. Avenue five have received it from believed accurate 3rd party sources at time of receiving. Avenue five will not be held liable for any loss resulting from your actions or decisions and advise you to make all necessary enquiry and research in regards to this passed on information.

Property History for 718-720 Barwon Heads Rd, Armstrong Creek, VIC 3217

A timeline of how this property has performed in the market
Last Sold
$2,365,000
07 Aug 2024
  • 07 Aug 2024
    Sold for $2,365,000
  • 10 Dec 2022
    Sold for $2,000,000
  • 28 Sep 2022
    Listed for Sale EOI closing 16th Nov 5pm

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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 9,694 properties. Over the last 5 years, Houses in Armstrong Creek have seen a 23.62% increase in median value, while Units have seen a 29.15% increase. As at 31 August 2024:

  • The median value for Houses in Armstrong Creek is $690,428 while the median value for Units is $683,801.
  • Houses have a median rent of $515 while Units have a median rent of $488.
There are currently 107 properties listed for sale, and 24 properties listed for rent in Armstrong creek on OnTheHouse. According to CoreLogic's data, 580 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.