If you compare the increase in value of investment property in Lorne, 3232 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -7.64%.
When looking at the potential capital gains offered to property investors over the last 3 years, Lorne comes in at number 56th in VIC.
At number 379th 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.
Often selling an investment property can take time, and in Lorne the average time real estate has been on the market is 88.0833 days.
Investment property in Lorne has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -21.92%
If we look at median property appreciation over just the last three months, Lorne has given property investors a paper return of -32.33%. This puts Suburb as 336 on a list of fastest fasting appreciating suburbs in VIC
Sellers are offering property buyers an average discount of -2.60% to buyers in Lorne at the moment, which is less than average for the rest of VIC.
Lorne is 121th on a list of best yielding suburbs for rents in VIC with a 4.56% return