Suburb Profile Report for Lorn NSW (2320)

Lorn House: Median price $510,000, Annual capital growth 4.73%, Number of sales 37, Weekly median advertised rent $410

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Giving property investors a a solid capital gain of 13.33% for the last year, Lorn, 2320 is the 666th highest performer in Australia in this respect.

Across a shorter period, Lorn, 2320 has seen a median price increase of 3.55% over the last quarter.

Lorn2320 is located in NSW which offers an average discount of -5.49% to property investors. Lorn itself is showing figures that indicate -4.29% is the average achievable by property buyers investing in the suburb.

The NSW suburb of Lorn, 2320 is in the Maitland local government area.

Metrics i HOUSE UNIT
$510,000 N/A
3.55% N/A
13.33% N/A
4.73% N/A
$410 N/A
37 N/A
4.18% N/A
94.48 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 1263
Median household income ($/weekly) 1402
Median age of persons 42
Median housing loan repayment ($/monthly) 1600
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 196 15.5
    25-34 years 113 8.9
    35-44 years 189 15.0
    45-54 years 188 14.9
    55-64 years 162 12.8
    Others 416 32.9
    Age Group
    Census Count Percent(%)
    Registered Married 498 53.2
    Not Married 365 39.0
    Defacto Relationship 73 7.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1077 88.6
    New Zealand 6 0.5
    Papua New Guinea 20 1.6
    United Kingdom 57 4.7
    Other 25 2.1
    Others 30 2.5
    Country of Birth
    Census Count Percent(%)
    Christianity 885 75.3
    No Religion 270 23.0
    Buddhism 11 0.9
    Other Religious Groups 6 0.5
    Islam 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 42 9.4
    $600-$799 40 9.0
    $800-$999 36 8.1
    $1,500-$1,999 42 9.4
    $2,500-$2,999 56 12.6
    Others 229 51.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 392 41.1
    Not in the labour force 309 32.4
    Employed, worked part-time 203 21.3
    Employed, away from work 31 3.3
    Unemployed, looking for work 18 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 79 12.6
    Professionals 188 29.9
    Technicians & trades workers 84 13.4
    Clerical & administrative workers 72 11.5
    Sales 65 10.4
    Others 140 22.3
    Occupation
    Census Count Percent(%)
    Pre-school 31 9.0
    Infants/Primary 130 37.6
    Secondary 70 20.2
    Technical or Further Educational Institution 29 8.4
    University or other Tertiary Institutions 69 19.9
    Others 17 4.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1161 94.7
    Flat, unit or apartment 40 3.3
    Semi-detached, row or terrace house, townhouse 21 1.7
    House or flat attached to a shop, office 4 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 212 44.1
    Being purchased 179 37.2
    Rented 90 18.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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