Suburb Profile Report for Lorn NSW (2320)

Lorn House: Median price $665,000, Annual capital growth 5.43%, Number of sales 39, Weekly median advertised rent $450

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Giving property investors a a poor capital gain of -8.28% for the last year, Lorn, 2320 is the 3610th highest performer in Australia in this respect.

Comparing Lorn,2320 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

With the median price for a house in Lorn being $665000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.52%

Metrics i HOUSE UNIT
$665,000 N/A
0.45% N/A
-8.28% N/A
5.43% N/A
$450 N/A
39 N/A
3.52% N/A
88.3333333333333 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Good (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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