3/3 Linton Street, Moorabbin VIC 3189

3/3 Linton Street, Moorabbin VIC 3189
Modern two-bedroom townhouse | dual ensuite layout | walk to station and shops | flood overlay noted | near-new build with no sales history This property presents a rare configuration for its price point, offering two full bathrooms in a compact 64-square-metre floorplan, which is uncommon for entry-level townhouses in Moorabbin. The dual split-system air-conditioning and built-in robes in both bedrooms signal a developer focus on liveability over speculation. For a buyer seeking lock-and-leave convenience with genuine rental flexibility, the floorplan supports either owner-occupier comfort or tenant appeal, especially given the proximity to Moorabbin Station and the shopping precinct. The flood overlay, while not prohibitive, reduces the pool of competing buyers who may not have done their due diligence, creating a potential negotiating window for an informed purchaser. The absence of sales history means the price discovery is untested, and the gap between the $875,000 listing and the median estimate of $790,000 suggests either vendor optimism or a premium for the new-build condition. The flood overlay may increase insurance costs and limit future renovation options, which a buyer should quantify before offering. However, the 99-square-metre land component, while modest, provides a buffer against depreciation that a pure apartment would not. For a buyer holding this property, the strategy is clear: secure at or below the lower end of the estimate range, rent immediately to cover holding costs, and treat the flood overlay as a known constraint rather than a deal-breaker.

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

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Market Insight:

Moorabbin is a well-connected, established suburb attracting a professional demographic, underpinning its stable market positioning. Demand is driven by young professionals and families drawn to its transport links and quality schooling options. Recent price trends show a softening in the house market, though transaction activity remains steady, indicating balanced conditions. Future growth is supported by solid population increases, while key risks include affordability pressures and potential sensitivity to interest rates for investors given current rental yields.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

99mยฒ

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