Lang Lang at a glance
2,833
People
$747,500
Median sale
$472/wk
Median rent
3.28%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
VIC › Lang Lang › Ridgeway Ave
$675,000
Last sold
12 Mar 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
710 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$675,000
12 Mar 2021 · derived via latest_sale
Local land rate: recorded House sales in Lang Lang (last 5 years) with land size have a median of $965/m² of land (n=106). Districts calculation from recorded sales — not a valuation.
Lang Lang at a glance
2,833
People
$747,500
Median sale
$472/wk
Median rent
3.28%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Lang Lang
-9.7%
Median sale
Suburb $747,500
+0.36 pp
Gross yield
Suburb 3.28%
Suburb median $747,500 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $472/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Lang Lang at a glance
2,833
People
$747,500
Median sale
$472/wk
Median rent
3.28%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Just Realty InternationalInside and out, this one will meet the needs of the whole family!
Stunning near new home set on a generous 701m2 block with genuine side access perfect for boats/trailers even the caravan!
The feeling of space is overwhelming upon entry with raised ceilings and widened hallways setting the tone of what is to come. To the left you have an ENORMOUS master bedroom (5m x 4m approx) with large walk in robe plus dual vanity ensuite with marble bench top, full mirror, oversized shower with dual shower heads. Further down the hall is the theatre room with in-ceiling speakers making it the perfect place for movie night - and there's even a full powder room directly opposite!
From here the living just gets bigger! The kitchen is to die for with a MASSIVE combination Caesarstone & marble island bench is a true statement piece, 900mm gas cooker and 900mm under bench oven, stainless steel dishwasher and the walk in pantry of dreams and there's a spacious dining area adjacent.
The main living area provides stacker door access to the extended outdoor entertaining area complete with the gas plumbing for the BBQ.
And we can't forget the remaining family accommodation - 3 further great sized bedrooms all accessed from the separate kids retreat and serviced by a stylish main bathroom with separate toilet.
With ample yard left over for kids/pets, side access, garden shed and secure parking behind the gates for trailers/boats etc this home ticks all the boxes!
With zoneable ducted heating, refrigerated cooling for year round comfort your inspection is highly recommended and guaranteed to impress.
COVID-19: Following current government guidelines, we ask that any attendee to our properties please wear a fitted face mask at all times. Our agents will provide you with hand sanitiser prior to entering the property & upon leaving the home. We ask that you please adhere to the current physical distancing rules while inspecting the property, and please refrain from touching any surfaces within the home. If you are awaiting COVID19 test results, are feeling unwell, have tested positive for COVID19 or are a close contact of someone who has, please do not attend the inspection. Instead, we ask that you contact our agents and we will assist you with a virtual tour of the property. Thank you for your cooperation & understanding.
Listing description written by Jo Mooney, Just Realty International — reproduced as published, not verified by Districts.