High financial performance investment property
$928,400

Armstrong Creek

For Sale
Property Type: House
3 Beds 3 Baths Approx 381 Square metres 1 car space

Geelong NDIS SDA | High Demand

NDIS-SDA properties are hard to find and this package is a stand-out.

Located in the heart of the City of Greater Geelong, Armstrong Creek offers a serene suburban lifestyle without sacrificing essential amenities. Just a short drive from Geelong's city center, this vibrant community provides residents with a peaceful escape from the urban hustle and bustle.

Location

Nestled in the heart of the City of Greater Geelong, Armstrong Creek embodies the perfect blend of suburban tranquility and modern convenience. Surrounded by lush parks, scenic landscapes, and a sense of community, it offers a serene yet vibrant lifestyle for its residents. With excellent connectivity to major roadways like the Surf Coast Highway and the Princes Freeway, commuting to both the thriving employment hubs of Geelong and Melbourne is effortless. Situated just a short drive from Geelong's city center, Armstrong Creek provides the perfect balance of a peaceful suburban lifestyle while keeping urban amenities, including shopping centers, schools, and healthcare facilities, within easy reach. Its strategic location ensures convenience in travel, with Avalon Airport nearby. Experience the best of both worlds in Armstrong Creek, where suburban charm harmonizes with the scenic beauty of the Greater Geelong region.

About the Property

- House and land package – 2-part land and build contracts
- Land area is from 381sqm and land registration estimated for Q1 2024
- Home is 3.3.2 | 2P + OOA
- Full turnkey.
- Fast build times

The Market

Median house price
2023 – $675K
1 Year growth rate: -6.2%
5 Year growth rate: 25%
Vacancy rate – 2.7%
Rental population – 22%

The Key Numbers

As of July 2023 the SDA pricing will be increased, this includes High Physical Support, Improved Liveability, and Robust. For an in-depth explanation of the new pricing, talk to our sales team.

High Physical Support
SDA Income - $89,378 per participant
MRRC - $11,000 per participant
Location Factor - 0.93
Potential Total Income | $188,243
Potential Yield – 20.3%

Improved Liveability
SDA Income - $74,933 per participant
MRRC - $11,000 per participant
Location Factor - 0.93
Potential Total Income | $161,375
Potential Yield – 17.4%

*Please note that these numbers are based on 2 participants only. Numbers may vary

Ready to get started?

Get in touch. You can secure this property with just $2,000 initial deposit. Make your move soon though as this is going to sell quickly.

Disclaimer
We have in preparing this information used our best endeavours to ensure the information that has been provided is true and accurate. The images and renders provided in this listing by the builder are for illustrative purposes only. They may contain fixtures, furniture or finishing not available for this design. Clients need to refer to the building contract for specific details on specifications and inclusions specific to any property. Specifications and inclusions are subject to change over time. Meridien Group does not accept any responsibility for variations to specifications ad inclusions made by the builder. Financial information is an estimate only and is not warranted or guaranteed. Refer to investment reports for specific details.

Heating & Cooling

  • Air Conditioning
  • Reverse Cycle Air Conditioning

Outdoor Features

  • Courtyard
  • Fully Fenced
  • Outdoor Entertainment Area
  • Remote Garage

Indoor Features

  • Broadband Internet Available
  • Built-in Wardrobes
  • Dishwasher
  • Study

Location

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Disclaimer

Plans and images are for illustration purposes only. All prices and information is current as at the published date. Meridien Group does not provide financial or legal advice and does not offer or imply warranties or guarantees of performance. Clients are advised to seek independent legal and financial advice before proceeding.


Acknowledgement of Country

We respect and honour Aboriginal and Torres Strait Islander Elders past, present and future. We acknowledge the stories, traditions and living cultures of Aboriginal and Torres Strait Islander peoples on this land and commit to building a brighter future together.