2/40 Lang Street, South Yarra, VIC 3141 | Property Value & History | OnTheHouse
OFF MARKET

2/40 Lang Street
South Yarra VIC 3141

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 76m2
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Last updated 3 Aug 2026
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Property Details for 2/40 Lang St, South Yarra

2/40 Lang St, South Yarra is a 2 bedroom, 1 bathroom Unit and was built in 1950. The property has a floor size of 76m2.

Building Type
Unit
Year Built
1950
Floor Size
76m2
Local Government
Stonnington

Last Listing description (August 2026)

Stunning first floor apartment in block of two, offering light, comfort and close proximity to shops, cafes and transport.

Features include:
-Entrance hall with ornate ceiling rose

-Refurnished kitchen with gas cooking, dishwasher and meals area
-Large light filled living room
-Two excellent sized bedrooms with built in robes
-Central bathroom
-Separate laundry
-Permit street parking available
-Split system heating and cooling and heaters in bedrooms
-Private low maintenance communal garden shared with one other apartment

Located close to transport, parkland and shops, this property will not disappoint!

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Property History for 2/40 Lang St, South Yarra, VIC 3141

A timeline of how this property has performed in the market
Listed for Rent
$400/w
02 Sep 2022
  • 28 Jul 2026
    Listed for Rent $580 / week
  • 08 Aug 2022
    Listed for Rent $400 / week
  • 12 Nov 2019
    Listed for Rent $520 / week
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About South Yarra 3141

The size of South Yarra is approximately 3.6 square kilometres. There are 19 parks, covering nearly 19.1% of the total area. The population of South Yarra in 2016 was 25147 people. By 2021 the population was 25028 showing a population decline of 0.5% in the area during that time. The predominant age group in South Yarra is 20-29 years. Households in South Yarra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Yarra work in a professional occupation.In 2021, 35.50% of the homes in South Yarra were owner-occupied compared with 32.60% in 2016.

South Yarra has 26,717 properties. Over the last 5 years, Houses in South Yarra have seen a -17.13% decrease in median value, while Units have seen a -9.17% decrease. As at 31 July 2026:

  • The median value for Houses in South Yarra is $1,955,285 while the median value for Units is $579,334.
  • Houses have a median rent of $910 while Units have a median rent of $630.
There are currently 59 properties listed for sale, and 59 properties listed for rent in South yarra on OnTheHouse. According to Cotality's data, 1237 properties were sold in the past 12 months in South yarra.

Suburb Insights for South Yarra 3141

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.