Langwarrin suburb profile
Langwarrin is a picturesque suburb located in Melbourne's southeast, approximately 42km from the CBD. Known for its family-friendly atmosphere and natural beauty, Langwarrin offers a peaceful lifestyle with easy access to urban amenities. The suburb is home to the Langwarrin Flora and Fauna Reserve, providing residents with ample opportunities for outdoor recreation and nature walks. With a mix of modern housing developments and established homes, Langwarrin caters to a diverse community. Its proximity to major shopping centers, schools, and public transport options makes it an appealing choice for families and professionals seeking a balance between city and suburban living.
Langwarrin property market performance
Langwarrin’s property market has shown robust growth over the past 12 months, with house values increasing by 6.8% and unit values rising by 9.1%. The median house price has averaged $840,000, while units have averaged $600,000, indicating strong demand across both property types.
Sales activity has been active, with 64 houses and 28 units sold in the past 12 months. Houses are selling quickly, with a median of just 13 days on the market, while units are taking slightly longer at 18 days, reflecting a competitive market environment.
Langwarrin’s rental market has also experienced significant changes, with house rents increasing by 15.2% and unit rents by 7.7% over the last 12 months, highlighting a strong demand for rental properties in the area.
Median price - houses$840KPast 3 months
Median price - units$600KPast 3 months
Change in value - houses6.8%12 months
Change in value - units9.1%12 months
Houses sold64Past 3 months
Units sold28Past 3 months
Median DOM - houses13Past 12 months
Median DOM - units18Past 12 months
Average rent - houses$530Past 12 months
Average rent - units$420Past 12 months
Change in rent - houses15.2%Past 12 months
Change in rent - units7.7%Past 12 months
Langwarrin demographics
Langwarrin, located in Victoria, is a suburb that offers a blend of suburban tranquility and accessibility to urban amenities. With a population of 23,588, it is a family-friendly area characterized by a significant proportion of couple families with children, making up 48.4% of the community. This highlights Langwarrin's appeal to families seeking a nurturing environment with ample space and community facilities.
The median age of 38 suggests a mature community, with a balanced mix of young families and established residents. The suburb's median total household income of $1,919 per week reflects a comfortable standard of living, supporting a lifestyle that balances work and leisure. Langwarrin's housing market is predominantly owner-occupied, with 30.7% of properties owned outright and 51.2% owned with a mortgage. This indicates a stable community with a strong sense of home ownership and investment in the area.
Rental properties account for 18.1% of the housing market, catering to those who prefer flexibility or are new to the area. The presence of one-parent families, comprising 16.2% of the population, adds to the suburb's diversity and community spirit. Langwarrin's appeal lies in its family-oriented atmosphere, supported by local schools, parks, and recreational facilities, making it an ideal choice for those seeking a balanced suburban lifestyle.
Langwarrin infrastructure, key developments and investment opportunities
Langwarrin is experiencing several developments that may impact its property market. The suburb is seeing the construction of new residential projects, including townhouses and house and land packages across multiple estates. This increase in housing supply aims to cater to growing demand in the area. Additionally, there are plans for infrastructure improvements, including upgrades to local schools and community facilities.
The property market in Langwarrin remains active, with a median house price of around $847,500 as of recent data. The suburb offers a mix of property types, from family homes to acreage properties, appealing to various buyer segments. Its location, approximately 42 km southeast of Melbourne's CBD, combined with its semi-rural feel and proximity to amenities, continues to attract families and first-home buyers looking for affordable options relatively close to the city.
Langwarrin rental market trends
The rental market in Langwarrin has experienced significant growth, with house rents increasing 15.2% over the past year to $530 per week, while unit rents have risen 7.7% to $420 per week. This growth reflects strong demand and the suburb's appeal, making Langwarrin an attractive option for both renters and investors seeking promising returns in a well-connected area.
Suburbs near Langwarrin
Some popular suburbs near Langwarrin include: