Lang Lang VIC 3984

Here you can find what you need to know about Lang Lang, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$475k Median Sale Price (National Average $485k) 477th In VIC
21.79% Median Price Change (1 yr) (National Average 4.30%) 52nd In VIC
$343pw Median Rent (National Average $395) 479th In VIC
3.8% Median Gross Yield (National Average 4.24%) 236th In VIC
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Properties sold 27
Average discounting -5.50%
Average Days on Market 41
Stock on Market 26 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Lang Lang, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Lang Lang, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Lang Lang, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Lang Lang


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State Auction Clearance Rates - April 2019

Auctions Clearance rate
VIC 48 59%
ACT 35 44%
NSW 213 57%
NT 11 0%
QLD 22 38%
SA 42 17%
WA 18 25%

Local Schools


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Suburb Information

Lang Lang, VIC 3984

Part of: Cardinia Council No data available

The size of Lang Lang is approximately 94.8 square kilometres. The population of Lang Lang in 2011 was 1,346 people. By 2016 the population was 1,580 showing a population growth of 17.4% in the area during that time. The predominant age group in Lang Lang is 0-9 years. Households in Lang Lang are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lang Lang work in a trades occupation. In 2011, 77.7% of the homes in Lang Lang were owner-occupied compared with 73.6% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Lang Lang

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Lang Lang   for Houses in last 12 months


There have been 26 Houses sold in Lang Lang in the past 12 months with a median sale price of $478K, up 23.23% annually. It takes on average 39 days to sell with vendor discounting of -5.34%.

Streets in Lang Lang


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