Lang Lang

POSTAL CODE: VIC, 3984

HOUSE

LANG LANG ranks 117th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 1.2% for the past year is lower than average compared to its 35.55% growth within a five-year period.

Also in LANG LANG, the median home price is sitting at $715,000, and the average rent at $650, this suggests property owners could potentially earn a 4.73% increase in gross rental yield.

Property investors have seen a -0.35% drop in LANG LANG based on a decrease in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.64% growth over a ten-year period. It ranks 765th on our list of suburbs that property investors should look into.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$715,000	N/A
Growth Report
Median Quarterly	-0.35%	N/A
Median 12 month	1.2%	N/A
Median 3 years	5.93%	N/A
Median 5 years	35.55%	N/A
10 years average annual	8.64%	N/A
Weekly media advert. rent	$650	N/A
Time on Market	51.3 days	N/A
Gross Rental Yield Percent	4.73%	N/A

Demographics (Median Values)*

Total Population 5209

Weekly Household Income 943

Household Size 2.20

Average Age 49

Monthly Loan Repayment 1300

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type