Lang Lang, VIC 3984
Lang Lang property market
Lang Lang is a house-focused suburb — house sales lead by a wide gap, with 67 sales at around $746.5k as of July 2026, taking about 28 days to sell (up from 27 days last year), with 4-bedroom and 3-bedroom roughly tied at around 45% each.
House rentals make up a much smaller share, with 32 leases at $645 a week, renting out in about 31 days (up from 24 days last year), one of the country's least in-demand house rental markets, with more than half being 4-bedroom. Followed by 7 unit rentals at $450 a week and 4 unit sales at around $563k.
Who lives hereA middle-income, mortgage-belt, family-oriented suburb — newcomer-heavy, with a strong trades and blue-collar workforce.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Lang Lang demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Unlock the full report
Detailed, institutional-grade analysis — well beyond the usual suburb snapshot.
InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
This report
- The complete Lang Lang report
- 30 days of live access
- Download as a PDF
- Months of supply needs the add-on
Full access
- Unlimited suburb reports
- Near real-time + 5-year data
- 50+ dual-metric map views
- Demand cycle + market velocity
Already a member? Sign in
Who lives in Lang Lang?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Lang Lang
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Lang Lang
Incomes, employment, and the occupation mix of the people who live here.
A typical household earns about 1.7× the typical individual here.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Lang Lang
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Lang Lang
1 school inside Lang Lang, plus the closest options around it. Families can choose from 1 primary school in Lang Lang and its surrounds — no high school sits within this radius. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Within Lang Lang · 1Order by
- 1Lang Lang Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburbState Rank—English—Maths—Students188Multilingual50%ICSEA Rank50th
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Lang Lang median house price & rent
Headline price, rent, yield and time on market for Lang Lang — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Lang Lang property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Lang Lang
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Lang Lang against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Lang Lang in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
|---|
Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
|---|
Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Lang Lang — Units & Houses, all bedrooms
Lang Lang median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Lang Lang fell from $524k (Jul 2021) to $445k (Jun 2026) — a 15.2% decline over five years — peaking at $657k between May 2023 and Apr 2024. Median house rent went from $263/wk to $512/wk (+94.7%) over the same period. For units, the median sale price rose from $333k to $476k (+43.0%), with rent up from $247/wk to $347/wk (+40.5%) over the same period.
Suburbs near Lang Lang: prices compared
The nearest suburbs to Lang Lang, ranked by distance — each lined up against Lang Lang on the same measures, so the differences jump out at a glance.
Suburbs like Lang Lang
Suburbs anywhere in VIC that behave like Lang Lang — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Lang Lang vs Koo Wee Rup: the closest sales-market match trades at a median of $507k against Lang Lang's $532k — about 5% lower, with homes selling in 29 days versus 27 days here.
Comparable sales markets to Lang Lang: Koo Wee Rup average house price, Eumemmerring house prices, Baxter property growth, Braybrook average house price and Blind Bight property market.
Lang Lang's closest rental-market twins: Eumemmerring average house price, Koo Wee Rup property prices, Baxter property growth and Braybrook property prices. Each link opens that suburb's full market report.
Frequently asked · Lang Lang
26 data-driven answers about Lang Lang's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Lang Lang?
#The median house price in Lang Lang, VIC 3984 is $532k as of June 2026, based on 14 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in Lang Lang?
#The median unit price in Lang Lang, VIC 3984 is $532k as of June 2026, based on 14 sales over the past 12 months. Units have moved +50.0% year-on-year and currently trade at roughly 100% of the median house price.
How much does it cost to rent in Lang Lang?
#The median weekly house rent in Lang Lang is $357 as of June 2026, drawn from 5 leases over the past 12 months. Units rent for around $357 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Lang Lang?
#A 3 bedroom house in Lang Lang rents for a median $357 per week as of June 2026, drawn from 5 leases over the past 12 months. Across other house sizes: 2-bedroom $357/week, 4-bedroom $357/week. Unit rents: 2-bedroom $357/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Lang Lang?
#Gross rental yield in Lang Lang is 3.32% for houses and 3.32% for units as of June 2026, compared with the VIC unit median of 3.78%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Lang Lang?
#As of June 2026, Lang Lang medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $532k | $532k | $532k | $532k |
| Units | — | $532k | $532k | — | $532k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Lang Lang median?
#At the median Lang Lang house ($532k purchase, $357/week rent), weekly mortgage repayments sit at roughly $583 — about $226 more per week than renting. That gap is the ownership premium. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Lang Lang's property market trends?
#Lang Lang's property market trends to June 2026: house prices rose +50.0% year-on-year and units +50.0%; weekly house rents moved +50.0%; homes now sell in a median 27 days — faster than a year ago by 29; sales supply sits at 1.6 months (severe). Read together — price, rent, selling speed and supply — they show which way the Lang Lang market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Lang Lang as an investment?
#As of June 2026 in Lang Lang, house prices rose +50.0% over the year, gross rental yield is 3.32% against a VIC median of 3.27%, houses take a median 27 days to sell, sales supply is 1.6 months (severe). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Lang Lang?
#Houses in Lang Lang sell in a median 27 days on market as of June 2026, with units clearing slightly similarly at 27 days. Days on market have tightened by 29 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Lang Lang a tight or loose property market right now?
#Lang Lang's sales market sits at 1.6 months of supply for houses as of June 2026 — classified as Severe (extreme shortage) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is looser at 2.6 months of supply.
Have property prices in Lang Lang gone up or down?
#House prices in Lang Lang moved +50.0% over the 12 months to June 2026, while units moved +50.0%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Lang Lang?
#Lang Lang's house rental market sits at 2.6 months of supply as of June 2026 — classified as Saturated (extreme oversupply), with 8 houses leased over the past 12 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Lang Lang in its property market cycle?
#Lang Lang's house market is currently in the 'softer_weakening' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Lang Lang compare to other VIC suburbs?
#Lang Lang's median house price ($532k) is 5% below the VIC median ($561k) as of June 2026. On selling speed, houses clear in 27 days vs 23 days state median. On gross yield, Lang Lang sits at 3.32% vs 3.27% state median.
How does Lang Lang compare to neighbouring suburbs?
#Lang Lang's most-similar nearby market is Koo Wee Rup (7.1 km away) with a median house price of $507k — about 5% cheaper. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Lang Lang?
#The most-transacted segment in Lang Lang over the 12 months to June 2026 is 2 bed houses with 11 sales. 3 bed houses come second at 11 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Lang Lang last year?
#Lang Lang recorded 11 house sales and 11 unit sales over the 12 months to June 2026 — a combined 22 transactions. On the rental side, 8 houses and 8 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Lang Lang in?
#Lang Lang is in postcode 3984, in the South East Melbourne region of VIC. Addresses there are written as Lang Lang, VIC 3984.
What is the population of Lang Lang?
#Lang Lang, VIC 3984 is home to 2,085 residents (ABS Census 2021). The median resident age is 28, and the average household holds 1.4 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Lang Lang?
#The median household in Lang Lang earns $1k per week — roughly $59k a year (ABS Census 2021). Median personal income runs $660/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Lang Lang?
#The unemployment rate in Lang Lang is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Lang Lang?
#Lang Lang is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Lang Lang?
#Lang Lang has 11 schools within reach, 1 of them inside the suburb itself — including Lang Lang Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Lang Lang a good place to live?
#Lang Lang, VIC 3984 has a population of 2,085, a median age of 28, a median household income around $1k/week, 50% of households renting (ABS Census 2021). There are 11 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Lang Lang market data last updated?
#This Lang Lang market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.