3/8-10 Langford Street, Moe VIC 3825
3/8-10 Langford Street, Moe VIC 3825
2-bed, 2-bath townhouse | 1 secure garage | Courtyard living | $360/wk rental demand | Established Moe complex
This unit stands out in Moe because it offers the practicality of a modern townhouse with two full bathrooms, which is genuinely uncommon in a suburb where most stock is older detached housing with a single bath. The secure parking, courtyard, and built-in robes make it a low-maintenance option that appeals strongly to downsizers and investors alike. Positioned in an established residential complex with a long average owner-occupier tenure, it suggests a stable, well-kept environment. The rental estimate of $360 per week indicates solid demand from small households, and the configuration makes it functional for couples or singles who want space without the upkeep of a house. It serves best as an entry-level purchase or a reliable rental property.
The value picture may be shaped by the fact that the unit shares a 1,609 m² site with other dwellings, meaning the land component is modest compared to a freestanding house. This could limit capital growth relative to detached homes in the area, though it also keeps the entry price accessible. The absence of flood, bushfire, or heritage overlays removes some risk that can affect other regional properties. The 2022 sale at $411,000 provides a reference point, and the current estimated value of $465,000 suggests modest appreciation. The condition of the unit, particularly the kitchen and bathrooms, may influence how it compares to newer stock, and any need for updates could narrow the gap between asking and achieved price.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/8-10 Langford Street, Moe VIC 3825
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Moe presents as a stable regional market anchored by a high proportion of outright homeowners, with demand driven by investors attracted to strong rental yields and consistent sales activity. Recent price trends show notable but varied growth, reflecting a market responsive to broader economic conditions. Future performance hinges on maintaining affordability and managing stock levels, though the established base of owner-occupiers provides underlying stability.
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PropCred Estimated Value
Comparable Sales: 3/8-10 Langford St sold $411,000 in Feb 2022; 61 Langford St house listed near $410,000 | Property Price Band: $400,000–$500,000 | Value Drivers: Two-bathroom layout, secure parking, low-maintenance courtyard, established complex tenure
Bedrooms
2
Bathroom
2
Parking
1
Land
1609m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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