28 Langton Street, Glenroy VIC 3046

Large family block with rear studio | Mid-century brick on 709m² | Near top primary school | Flexible dual-living potential This property presents a competitively strong proposition based on its substantial and versatile landholding in a family-centric location. The 709 square metre parcel significantly exceeds the typical lot size for the area, providing immediate scarcity value. The configuration of four bedrooms, two bathrooms, and three car spaces caters directly to the established family demographic, while the self-contained rear studio introduces a rare flexibility for extended family, a home office, or rental income. Its positioning within 900 metres of Glenroy West Primary School anchors its appeal to owner-occupiers seeking long-term stability, further supported by the absence of development overlays which simplifies future enhancement. The house itself, with a generous 229 square metre building footprint and dual living zones, is functionally superior to the prevailing stock of older, smaller homes in Glenroy. Proceed with the understanding that the mid-century construction necessitates a rigorous building inspection, with the roof and any original services representing a material cost risk if not already updated. The auction mechanism on April 18th demands a firm price ceiling to avoid overcapitalisation against the recent sales evidence. The clear opportunity lies in the under-utilised deep backyard; extending the main residence or formally separating the studio could unlock significant equity, provided council approvals are secured. For a buyer, the commercial logic is to acquire the land and functional layout, hold for the school catchment appeal, and execute a capital-improvement strategy within five years. This property is a hold for an owner-occupier seeking to grow into the asset, not an immediate flip. Recent sales activity in the immediate vicinity provides critical context for pricing. While specific prices are not detailed in the provided data, the volume of comparable sales on streets like Langton, Widford, and John Street indicates an active market. The property’s last sale in March 2018 for $809,000 establishes a baseline, and its larger land size and dual-living potential compared to standard units and houses in the listed comparables justify a premium. This sales activity confirms sustained buyer demand in the precinct, lending credibility to the current price guide.