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.
$570,000
Last sold
21 July 2025
4
Bedrooms
1
Bathrooms
4
Car spaces
687 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
$570,000
21 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Lang Lang (last 5 years) with land size have a median of $969/m² of land (n=105). 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
-23.7%
Median sale
Suburb $747,500
+1.03 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 Area Specialist SolutionsIts Addressed:
In the true heart of Lang Lang, where community charm meets everyday convenience, an exciting opportunity awaits at 5 Nellie Street.
Sitting proudly on a generous 687m² block, this much-loved home has been thoughtfully refreshed to blend the character of its original 1980 build with the contemporary touches today's buyers crave. Step inside and feel immediately at home in the spacious, sun-filled living room — a place designed for relaxed family moments and effortless entertaining.
The newly refurbished kitchen is an absolute showstopper, featuring an oversized island bench that invites family gatherings, morning coffees, and weekend baking marathons. With ducted heating and ceiling fans throughout, year-round comfort is guaranteed, making this home as practical as it is beautiful.
At the rear of the property, a bright and versatile sunroom provides endless possibilities — whether you need a private home office, a creative studio, a kids’ playroom, or even an extra living space, the choice is yours.
Offering four generous bedrooms and a central bathroom, this home easily caters to growing families or those simply craving extra space. Outside, the magic continues — the large backyard is a dream for kids, pets, and entertainers alike. Whether it's summer BBQs, family cricket matches, or quiet evenings under the stars, this backyard can host it all.
And for those needing serious storage or workspace, the massive four-car garage at the rear of the home ticks every box, offering space for cars, boats, trailers, or a workshop — a rare find in such a central location.
Positioned just a short stroll to Lang Lang’s vibrant main strip, parks, shops, cafes, and schools, 5 Nellie Street offers the lifestyle you’ve been searching for — easy, convenient, and full of opportunity.
Homes of this calibre, with so much space and flexibility, are tightly held and highly sought after. Don’t miss your chance to secure a piece of Lang Lang’s finest — make your move today!
For more Real Estate in Lang Lang
contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Listing description written by Stacey Woodfield, Area Specialist Solutions — reproduced as published, not verified by Districts.