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 › South Gippsland Hwy
$1,900,000
Last sold
10 Aug 2021
4
Bedrooms
2
Bathrooms
5
Car spaces
202,342.821 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
$1,900,000
10 Aug 2021 · derived via latest_sale
Local land rate: recorded Rural Property sales in Lang Lang (last 5 years) with land size have a median of $15/m² of land (n=5). 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
+154.2%
Median sale
Suburb $747,500
-1.99 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 Elders Delaney Livestock & Property BunyipThis is a very rare offering and undoubtedly will attract much interest. Lang Lang has arguably the best quality gardening soil to be found anywhere and this is a prime example. Developed and carefully farmed over many years by its' current owners, it's now time to put the tractors away. A great opportunity exists here with 50 acres (plus 3 acres lease) of the best of black sandy loam soil complete with secure water, dam, pumps, sprinkler system etc. and almost new family home.
Situated on the outskirts of Lang Lang it is fully operational as a small-scale market garden growing snow peas for a long established market clientele which could be continued with a new operator. Significant improvements include:
- 50 acres plus 3 acres lease, premium sandy loam, gently sloped to flat, highway frontage,
- 3 phase power, irrigation set up including HP pumps, 200/150/80mm class 12 mains,
- 20ML dam, sump dam for runoff with separate pump, 18 acres fixed sprinklers,
- 30MLs Class A water supply, more available, machinery shed, small cool room,
- Large BV home, 4 large BRs plus study, BIRs, huge master with WIR, ensuite,
- Spacious open plan layout with large kitchen dining area, RC air, ceiling fans throughout,
This is a must see good gardening property with excellent position and lots of scope.
For further information or inspections please contact Ray Cullen at our office on 5629 5329.or 0429 977 313
Disclaimer: The vendors and or their agents do not give any warranties as to errors or emissions, if any, in these particulars, which they believe to be accurate when compiled. Prospective purchasers should satisfy themselves by inspection, or otherwise, as to the accuracy of the particulars.
Listing description written by Ray Cullen, Elders Delaney Livestock & Property Bunyip — reproduced as published, not verified by Districts.
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