Lang Lang

POSTAL CODE: VIC, 3984

HOUSE

LANG LANG ranks 345th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 4.23% for the past year is lower than average compared to its 26.5% growth within a five-year period.

Also in LANG LANG, the median home price is sitting at $740,000, and the average rent at $650, this suggests property owners could potentially earn a 4.57% increase in gross rental yield.

Property investors have seen a 1.37% gain in LANG LANG based on an increase 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 8.7% growth over a ten-year period. It ranks 801st on our list of suburbs that property investors should look into.

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Finni Pty Ltd · Australian Credit Licence 384324 · Privacy

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$740,000	N/A
Growth Report
Median Quarterly	1.37%	N/A
Median 12 month	4.23%	N/A
Median 3 years	15.44%	N/A
Median 5 years	26.5%	N/A
10 years average annual	8.7%	N/A
Weekly media advert. rent	$650	N/A
Time on Market	50.6 days	N/A
Gross Rental Yield Percent	4.57%	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.

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