19 John Street Langwarrin VIC 3910

19 John Street Langwarrin VIC 3910
Renovated 4-bedroom on 651mยฒ | recent purchase at $810k now guided higher | strong suburb growth 8.6% | side access for boat or caravan. This property presents a rare configuration edge: a fully renovated house on a standard lot with gated side access, suited to buyers needing secure storage for a boat or caravanโ€”a feature not common in Langwarrinโ€™s newer subdivisions. The recent high-standard renovation, including a Fisher & Paykel kitchen and northern alfresco, eliminates immediate capital outlay, while the 651mยฒ lot with low-maintenance gardens and solar panels supports lower holding costs. It best serves a family seeking a move-in-ready home with practical outdoor utility, or an investor targeting the suburbโ€™s 3.6% rental yield and 8.6% annual growth. The primary risk is price: the current $965kโ€“$1,055k guide sits above recent valuation estimates of $881kโ€“$910k and the suburbโ€™s $951k median for four-bedroom houses, meaning the buyer may pay a premium for the renovation and side access. The 2024 purchase at $810k signals a rapid price increase, which could compress future capital gains if growth moderates. An opportunity lies in the short days on market (14 days) and low auction clearance (0%), suggesting motivated sellers may accept offers near the lower end of the range. Use this property as a long-term family home or hold for rental income, with the side access preserving future subdivision potential if zoning permits.

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

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Langwarrin is a family-dominated suburb with a high rate of home ownership, underpinning its stable residential character. Demand is driven by these owner-occupier households seeking diverse housing options. The market is active, with houses selling quickly, while unit prices are experiencing notably strong growth. Future performance is supported by solid rental demand, though variability in sales volumes and price points indicates sensitivity to broader affordability pressures.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

651mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat