If you compare the increase in value of investment property in Lorne, 3232 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 26.97%.
LACK OF BUYER INTEREST may well be the reason that Lorne is offering property investors an average of -5.91. This rate of discount on properties puts Suburb at number 136th in terms of most discounted suburbs in VIC
In the last year 41 properties changed hands in Lorne, which puts it as the 468th most active market in VIC when comparing the number of sales per suburb.
Lorne, 3232 ranked 364th in VIC when comparing growth in median property values or capital gain over the last 12 months. Lorne is one of 2098 in our list for VIC
Property buyers and investors in Lorne 3232 should be seeing an average reduction in asking price of around -4.78% . This means that Lorne is holding prices well when compared to other suburbs in VIC.