1 Princes Way, Longwarry North VIC 3816

1 Princes Way, Longwarry North VIC 3816
90-acre Tarago River frontage | 7-bedroom turnkey equine facility | Baw Baw council with no heritage overlays | lifetime development ready to operate The property’s competitive strength lies in its rare combination of scale and readiness. At 90 acres with direct Tarago River frontage and no heritage constraints, it offers immediate operational capacity that few rural lifestyle listings in the region can match. The seven-bedroom configuration and professional equine infrastructure serve a narrow but motivated buyer segmentโ€”those seeking a fully developed horse property without the years of site work typically required. For a buyer with equestrian ambitions or a family needing both living space and land, this property reduces setup time and cost substantially. The primary risk is the narrow buyer pool for a property of this specificity and size, which may extend holding periods if resale is needed quickly. The estimated value range of $470,000 to $630,000 suggests limited upside without further capital improvements, though the river frontage and council position offer some long-term land value protection. A buyer should treat this as a lifestyle-use holding rather than a short-term investment, with the option to subdivide or develop if future zoning changes permit. Hold for personal use and let the land’s inherent scarcity do the work.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Longwarry, in Cardinia Shireโ€™s outer south-east, is a family-oriented market where couples with children and trade workers form the dominant buyer cohort. Demand is underpinned by strong local ownership, with most homes owner-occupied. House prices have recorded moderate annual growth, supported by a healthy demand-to-supply balance, while units have shown stronger appreciation. The market remains active, with houses selling in a relatively short timeframe. However, future growth is constrained by limited capital drivers, with prices expected to rise only marginally above the national average. Rental yields are modest, reflecting a stable but subdued investment outlook.
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PropCred Estimated Value

Bedrooms

7

Bathroom

4

Parking

2

Land

36.42 ha

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