Suburb Profile Report for Langwarrin South VIC (3911)

Langwarrin South House: Median price $737,500, Annual capital growth 26.77%, Number of sales 10, Weekly median advertised rent N/A

Source: CoreLogic

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Property investors who have had real estate in Langwarrin South, 3911 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 46.91%

In the last year 10 properties changed hands in Langwarrin South, which puts it as the 664th most active market in VIC when comparing the number of sales per suburb.

Darren Eichenberger Information supplied by:

Darren Eichenberger
Stockdale & Leggo Real Estate

M 9775 7500
O 0419 874 279

W www.stockdaleleggo.com.au/langwarrin
E darren1@stockdaleleggo.com.au
Property investors who have had real estate in Langwarrin South, 3911 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 46.91%

In the last year 10 properties changed hands in Langwarrin South, which puts it as the 664th most active market in VIC when comparing the number of sales per suburb.Full summary
Langwarrin consists of approx. 6000 homes. The area is made up of units, houses and lifestyle properties on 1 hectare. Approx 80% of homes are owner occupied and 20% are rentals. Langwarrin is approx. 10 mins from the Frankston Beech and has excellent infrastructure for a smaller suburb. The Peninsula link lies on the border of the area, excellent shopping centres and schools are also renowned for the area.
 
Langwarrin South is predominately acreage properties and has a rural feel yet is close to all town amenities.
 
Property investors who have had real estate in Langwarrin South, 3911 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 46.91%
 
In the last year 10 properties changed hands in Langwarrin South, which puts it as the 664th most active market in VIC when comparing the number of sales per suburb.
 
Selling points: Langwarrin caters for the investor, first home buyer, family upgrader and acreage buyer. We cater for a wide variety of buyers.
 
Most sought-after properties: The middle market is most popular at the moment with properties in the $400,000 to $600,000 price range.
 
Top amenities: Langwarrin Gateway Village Shopping Centre, Woodlands Primary School, Elisabeth Murdoch College, McClelland Gallery, Bus service
 
Local industry and business: Small retail
 
Best streets: Pindara estate, Springhill Estate for residential 
 
Public transport: Buses
 
Main arteries: Peninsula Link
Close
HOUSE UNIT
$737,500 N/A
N/A N/A
46.91% N/A
26.77% N/A
N/A N/A
10 N/A
N/A N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Very good (U), Very good (H)
Find a mortgage broker in Langwarrin South VIC
Demographics
Total population 1125
Median household income ($/weekly) 1645
Median age of persons 38
Median housing loan repayment ($/monthly) 1900
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 185 16.4
    15-19 years 107 9.5
    35-44 years 193 17.2
    45-54 years 184 16.4
    55-64 years 142 12.6
    Others 314 27.9
    Age Group
    Census Count Percent(%)
    Registered Married 490 57.8
    Not Married 282 33.3
    Defacto Relationship 76 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 939 84.7
    Greece 9 0.8
    Japan 11 1.0
    United Kingdom 78 7.0
    Other 19 1.7
    Others 52 4.7
    Country of Birth
    Census Count Percent(%)
    Christianity 712 67.8
    No Religion 320 30.5
    Buddhism 6 0.6
    Islam 6 0.6
    Other Religious Groups 6 0.6
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 30 9.8
    $1,500-$1,999 42 13.8
    $2,000-$2,499 35 11.5
    $2,500-$2,999 31 10.2
    $3,000-$3,499 30 9.8
    Others 137 44.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 342 39.4
    Not in the labour force 243 28.0
    Employed, worked part-time 230 26.5
    Employed, away from work 31 3.6
    Unemployed, looking for work 23 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 82 13.6
    Professionals 90 14.9
    Technicians & trades workers 117 19.4
    Clerical & administrative workers 109 18.1
    Labourers 67 11.1
    Others 138 22.9
    Occupation
    Census Count Percent(%)
    Pre-school 15 4.5
    Infants/Primary 128 38.4
    Secondary 110 33.0
    Technical or Further Educational Institution 39 11.7
    University or other Tertiary Institutions 35 10.5
    Others 6 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1097 99.7
    Semi-detached, row or terrace house, townhouse 3 0.3
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 187 54.4
    Fully owned 128 37.2
    Rented 26 7.6
    Other tenure type 3 0.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals