2/95 Cranhaven Road, Langwarrin VIC 3910
2/95 Cranhaven Road, Langwarrin VIC 3910
4 bedrooms, 2 bathrooms, 2 parking spaces. Land size approximately 370 square metres, not the larger figure sometimes listed. Located in Langwarrin within the Frankston council area.
A four-bedroom unit is an uncommon configuration in Langwarrin, where the typical stock leans toward detached houses on larger blocks or smaller two- to three-bedroom units. This property offers the internal space of a family home without the maintenance demands of a full house and land package, which positions it well for buyers who prioritise bedrooms over land. It sits on a modest lot of around 370 square metres, which is practical rather than generous, and the unit format within a complex means shared responsibilities for common areas. This property best suits a family or investor seeking a spacious floor plan in a semi-rural fringe suburb where detached houses dominate, giving it a point of difference in the local market.
The current price guide sits above the estimated value range, which may reflect the premium attached to the four-bedroom layout in a unit format. The land size discrepancy in listing data could create confusion for buyers comparing this property to others on the street, and the actual lot size of roughly 370 square metres is a constraint for anyone wanting significant private outdoor space. The building age and finishes are not confirmed, so a buyer should factor in potential update costs when forming a view on price. The property’s position within a multi-occupancy site may also affect resale appeal compared to a standalone house on a similar budget.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/95 Cranhaven Road, Langwarrin VIC 3910
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
2
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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.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
462m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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