Investment property in Lorne has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 34.15%
When looking at the potential capital gains offered to property investors over the last 3 years, Lorne comes in at number 279th in VIC.
The most recent median price for Lorne is $1100000, with sellers offering an average of -4.86% off the asking price.
On average over the past year, suburb has had 4.42 sales per month, which equates to 53 per year.
Lorne is in the bottom 10% in VIC when comparing median price capital growth over the last year. Lorne gave property investors a dismal capital gain figure when compared to the rest of the state, with -14.96%.
Lorne,3232 was ranked 1650 in Australia by increase in median property value over the quarter.
Lorne, 3232 is offering VIC ‘s 21th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this VIC.
At number 1216 in a list of fastest selling suburbs, Lorne is in the bottom 20% of suburbs in Australia with an average of days on market 106.77 for properties listed there.
Situated 108.87km from the CBD, Lorne is one of Surf Coast localities in the postcode 3232.