Lang Lang, VIC 3984

Lang Lang, VIC 3984

Compare Part of Cardinia

72.77 km
Distance from CBD
3 k
Population
Median Sale Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$275,000
0.0% $215,500 $307,000 9
2010
$325,000
+15.4% $175,000 $750,000 16
2011
$310,000
-4.8% $223,000 $430,000 15
2012
$250,000
-24.0% $232,500 $280,000 9
2013
$316,000
+20.9% $165,000 $450,000 16
2014
$306,500
-3.1% $158,000 $555,300 21
2015
$337,000
+9.1% $120,000 $480,000 37
2016
$365,000
+7.7% $171,000 $2,100,000 32
2017
$395,000
+7.6% $285,000 $795,000 25
2018
$475,000
+16.8% $290,000 $595,000 26
2019
$520,000
+8.7% $290,000 $750,000 35
2020
$555,000
+6.3% $315,000 $1,240,000 32
2021
$665,000
+16.5% $395,000 $1,560,000 70
2022
$715,000
+7.0% $485,000 $960,000 33
2023
$715,000
0.0% $360,000 $910,000 52
2024
$775,000
+7.7% $510,000 $1,500,000 11
Median Sale Price
$725K
Based on 51 recorded sales within the last 12 months
Updated on 29 Mar 2024
Suburb Growth
+2.5%
Current Median Price: $725,000
Previous Median Price: $707,000
Based on 90 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2024)
Price Range Segments (12 months ending Feb 2024)
Median Weekly Rent Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$250
0.0% $230 $420 8
2012
$310
+19.4% $220 $500 13
2013
$280
-10.7% $190 $450 18
2014
$280
0.0% $255 $350 9
2015
$310
+9.7% $250 $550 15
2016
$320
+3.1% $275 $450 13
2017
$320
0.0% $250 $430 9
2018
$350
+8.6% $280 $480 15
2019
$380
+7.9% $290 $470 19
2020
$420
+9.5% $355 $450 13
2021
$380
-10.5% $320 $620 15
2022
$490
+22.4% $350 $1,739 28
2023
$520
+5.8% $330 $650 27
2024
$800
+35.0% $420 $800 4
Median Rent Price
$550
per week
Based on 21 recorded rent within the last 12 months
Updated on 29 Mar 2024
Rent Price Growth
+9.1%
Current Median Rent: $550
Previous Median Rent: $500
Based on 52 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $725,000
Current Median rent: $550
Based on 72 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 2024)

Auction Results For Lang Lang

Houses sold in Last 12 months ends 23 Mar 2024

$910K

Median Sale Price

100%

Clearance Rate

4/4

Sold/Reported

$910K

Highest Sale Price

Sold Price Range No. of Sold Properties
$800 K - $1 M
(Median Price Range)
4

Schools closest to Lang Lang, VIC 3984

School name Address Type Sector Distance
Lang Lang Primary School 52 WESTERNPORT ROADLang Lang 3984 Primary Government 0.45 km