9 Hornsby Drive, Langwarrin VIC 3910

9 Hornsby Drive, Langwarrin VIC 3910
Four-bed plus detached studio | 662mΒ² block in established catchment | Fresh listing under a day | Last sold 2016 This property presents a strong functional proposition, distinguished by its four-bedroom home plus a detached studio on a substantial 661mΒ² block within immediate walking distance to primary and secondary government schools. This configuration is competitively rare for the area, serving a buyer seeking multigenerational living, a home-based enterprise, or rental income from the secondary dwelling. Its rapid listing and price positioning below the current estimated value indicate prepared seller motivation, making it a priority for families or investors targeting long-term land value and flexibility. The decision hinges on validating the studio’s construction compliance and the precise reason for the 2016 sale, as unapproved structures or past disputes materially impact financing and future value. The land size is a clear opportunity, but the price must reflect the property’s undefined age, condition, and finishes. Proceed with a building inspection focused on the studio and a title review, positioning this as a strategic land play with a functional dwelling, not a premium renovated home.

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

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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

662mΒ²

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