Market snapshot
Suburb insights for Langwarrin3910
Change suburbLangwarrin is located 44 km south-east of the CBD. Langwarrin has been one of the fastest growing new suburbs in Melbourne over the last twenty years. It has been one of the major areas of new residential development in the southern suburbs. Incoporating the area of Langwarrin South the suburb features large dwellings primarily consisting of three and four bedrooms. The area also features the Langwarrin Flora and Fauna Reserve and the Langwarrin Village Shopping Cenetre.
Sales data
Median sale price
$853k
Quarterly price change
4%
Metro Melbourne Comparison
$916k
0.1%
Bedrooms | Langwarrin | Metro comparison |
---|---|---|
2 | - | $902,000 |
3 | $755,100 | $807,500 |
4 | $952,500 | $950,000 |
Insight | Langwarrin | Metro comparison |
---|---|---|
Clearance rate | 73.3% | |
Days on market | 26 | 42 |
Rental data
Median weekly rent
$560
Rental yield
3.5%
Metro Melbourne Comparison
$575
3.3%
Bedrooms | Langwarrin | Metro comparison |
---|---|---|
2 | $460 | $560 |
3 | $550 | $550 |
4 | $690 | $595 |
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