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Lang Lang, VIC 3984
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$755,000
market range $675K-$950K
Median Unit
$350,000
list-price estimate
Gross Yield (houses)
4.5%
1yr Growth (houses)
+4.9%
market range +2.5% to +25.0%
Investment snapshot for Lang Lang
Lang Lang has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Lang Lang market and investor summary
Lang Lang (VIC 3984) runs a median house price of $755K, with houses yielding a gross 4.5%. House prices have moved +4.9% over the past year and +3.2% over three years. At 0.3% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.5% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.3% and a resident base that is not shrinking.
Living in Lang Lang: people, income and schools
Lang Lang is home to around 2,556 people, and the area has been growing steadily, up about 18% over five years. The median age is 34, broadly working-age, and 82% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $94,000 a year, or roughly $1,810 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to about 8.0 times local household income, in line with much of metropolitan Australia. Incomes have risen about 34% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing close to the national school average on ICSEA. It is roughly 73 km from the CBD. It is fairly car-dependent; the suburb scores 3 for walkability and 20 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 2,556
- +18% over 5yr
- Median age
- 34 years
- Median household income
- $94,000/yr
- Households renting
- 14%
- Family households
- 79%
- Socio-economic rank
- 2/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 968
- Unemployment
- 3.5%
- Distance to CBD
- 73 km
- Walk score
- 3/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Lang Lang
No properties currently listed in Lang Lang
Search Lang Lang listings →Frequently asked questions about Lang Lang
What should I check before investing in Lang Lang?
Lang Lang has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.6% gives a usable rent-to-price starting point. Capital growth of +4.9% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Lang Lang?
The median property price in Lang Lang, VIC 3984 is $755K for houses.
What rental yield does Lang Lang show?
The gross rental yield in Lang Lang is 4.5% for houses and 4.6% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Lang Lang?
House prices in Lang Lang are up 4.9% over the past year and up 3.2% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Lang Lang?
The current vacancy rate in Lang Lang is 0.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Lang Lang?
Lang Lang has a population of approximately 2,556 residents, with a median age of 34.
What schools are near Lang Lang?
There are 1 school within roughly 5km of Lang Lang. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Lang Lang affordable to buy in?
A median house in Lang Lang costs about 8.0 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Lang Lang's population growing?
The population of Lang Lang has grown about 18% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Lang Lang from the CBD?
Lang Lang is about 73 km from the CBD.
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