1/26 Cedar Street, Langwarrin VIC 3910

Leafy Langwarrin villa | north-facing garden | ducted cooling | near Karingal Hub | updated interiors This three-bedroom villa at 1/26 Cedar Street presents a rare combination of single-level living on a generous 359sqm block with a north-facing garden, a feature that commands a premium in this market. The 2023 renovation—including ducted heating and cooling, timber-laminate kitchen, and plush carpeting—removes the immediate capital outlay typically required for period properties. Positioned within the Langwarrin Primary School catchment and close to the Mornington Peninsula Freeway, it suits families or downsizers seeking low-maintenance living without compromising on outdoor space. The separate second lounge and master suite layout offers practical separation for households. The main risk is the 149sqm internal footprint, which may feel constrained for buyers accustomed to larger floorplans, particularly the single bathroom. The property last sold for $642,000 in 2023, and the current guide of $670,000–$737,000 suggests limited upside in the short term, especially given the 1-day market exposure. However, the off-market estimate of $708,000 aligns with replacement cost for a renovated villa in this location. The opportunity lies in negotiating toward the lower end of the guide, given the lack of competing listings and the seller’s apparent urgency. Hold for steady capital growth driven by the area’s family demand and proximity to amenities, rather than aiming for a quick flip.