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 › Gainsborough Ave
$1,400,000
Last sold
18 Mar 2024
5
Bedrooms
2
Bathrooms
6
Car spaces
4,214 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
$1,400,000
18 Mar 2024 · 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
+87.3%
Median sale
Suburb $747,500
-1.53 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 Barry Plant KorumburraSet on a sprawling 1 acre allotment in what is arguably Lang Lang's most sought after street sits this premium residence - impressive inside and out with a versatile, family-friendly floor plan, grand outdoor entertaining area and 2 sheds there is a lot to love about this home.
Inside this clever floor plan allows this spacious residence to still feel homely and intimate with both open and separate living zones. The open plan kitchen, living and dining is the heart of the home and with access to the outdoor entertaining area, it is sure to be the meeting place for family and friends.
The kitchen presents with a large central bench, stone benchtops, walk-in pantry, 900mm free-standing stove, dishwasher and plentiful cabinetry. The living and dining are open and bright with plenty of natural light and a lovely outlook over the rear yard. There is also a separate formal lounge or rumpus room and the addition of a theatre room if not needed as a 5th bedroom.
Accommodation needs are met with a large master suite with its own air conditioner, sizable walk-through robe and well-equipped ensuite. The remaining bedrooms are serviced by a modern and central family bathroom.
The home has been recently updated with new carpet and timber flooring throughout. Keep cosy year round with fans in the bedrooms, ducted heating and evaporative cooling and keep the costs down with a 9 panel solar system.
Outside is truly something to see with a 10mx10m outdoor entertaining area - this can be fully enclosed during the colder months where you can relax around the open fire; or roll up those cafe blinds on those long summer evenings and enjoy time with friends and family.
Storage for all the toys can take place in not 1, not 2, but 3 areas! A large double garage is attached to the home with the addition of a 6x6m shed AND a 9x18m shed - lights, concrete and power make this the perfect work shop, work from home (STCA) tinker with the cars or just store all the extra stuff - we all know there is no such thing as too many sheds!
This home is the perfect blend of family residence, outdoor living, and quality shedding all set on a fantastic 1 acre block in a very desirable location.
Call Jo on 0403 946 555 for more information or to book your private appointment.
Listing description written by Joanne Gillard, Barry Plant Korumburra — reproduced as published, not verified by Districts.