Over the last year, property investments in Lorne, 3232 have given investors a capital gain of -14.20%. This compares very badly with the 7.68% for VIC as a whole.
While Lorne,3232 ranked number 614th in VIC for increase in median house value (annualised) increase, it is ranked 633th over the last 5 years.
Lorne3232 is located in VIC which offers an average discount of -6.04% to property investors. Lorne itself is showing figures that indicate -5.92% is the average achievable by property buyers investing in the suburb.
If you compare the increase in value of investment property in Lorne, 3232 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -23.83%.
Taking the average capital gain, or increase in median house value, Lorne,3232 has racked up an average of -23.83% over the period. This ranks it number 1289th in the whole country for real estate investors looking at median house price increases.
At number 215th of VIC’s most discounted properties, Lorne is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Lorne have been waiting around 95.4 days to sell a property.
The VIC suburb of Lorne, 3232 is in the Surf Coast local government area.