With a capital gain of 23.46% for the last 12 months, Lorne, 3232 has performed for property investments than its average annual 3.79% property growth over the last 5 years.
Comparing Lorne,3232 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.87% offered to property buyers. Sellers in Lorne itself are offering an average vendor discount of -6.22% to real estate investors.
Lorne has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -13.75% to date .
Across a shorter period, Lorne, 3232 has seen a median price increase of -3.24% over the last quarter.
Lorne3232 is located in VIC which offers an average discount of -5.07% to property investors. Lorne itself is showing figures that indicate -6.97% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Lorne the average time real estate has been on the market is 103.25 days.
Situated 110.69km from the CBD, Lorne is one of Surf Coast localities in the postcode 3232.