Langwarrin

Langwarrin, VIC 3910, is a vibrant suburb with a growing population. With a diverse age range and a good mix of occupations, it offers a balanced community lifestyle. The majority of residents commute by motor vehicle, while a significant portion also work from home. The suburb has access to public transport options, and the ICSEA value indicates decent educational opportunities for students. For house investors, Langwarrin presents an opportunity for renovation projects given the wide range between the 1st and 3rd quartile sale prices, suggesting potential value-add opportunities. With a solid market absorption rate and steady population growth, there is demand for rental accommodation. For unit investors, the suburb offers good rental yield and a low vacancy rate, indicating strong demand for rental properties. Langwarrin, VIC 3910, is a suburb suitable for both homeowners and property investors. With a growing population, good amenities, and diverse demographics, it presents opportunities for long-term capital growth and rental yields. Homeowners can enjoy a balanced lifestyle with access to transportation options, while investors can consider both houses for renovation projects and units for strong rental returns. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022