Market snapshot
Suburb insights for Lang Lang3984
Change suburbLang Lang is located 75 km south-east of the CBD. Located on Melbourne's south-east fringe Lang Lang incorporates the areas of Lang Lang East Yannathan Monomeith Caldermeade Catani and parts of Nyora and Heath Hill. The suburb is primarily agricultural in nature with employment concentrated in the agriculture forestry and fishing and manufacturing sectors. Most of the population is concentrated in the Lang Lang township.
Sales data
Median sale price
$725k
Quarterly price change
6.6%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Lang Lang | Metro comparison |
|---|---|---|
| 2 | - | $888,000 |
| 3 | $590,000 | $807,000 |
| 4 | $745,000 | $950,000 |
| Insight | Lang Lang | Metro comparison |
|---|---|---|
| Clearance rate | 72.6% | |
| Days on market | 53.5 | 43 |
Rental data
Median weekly rent
$645
Rental yield
4.7%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Lang Lang | Metro comparison |
|---|---|---|
| 2 | - | $575 |
| 3 | - | $550 |
| 4 | - | $600 |
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