Lorne VIC 3232

Here you can find what you need to know about Lorne, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1.2m Median Sale Price (National Average $485k) 130th In VIC
2.22% Median Price Change (1 yr) (National Average 4.30%) 665th In VIC
$443pw Median Rent (National Average $395) 321st In VIC
2.0% Median Gross Yield (National Average 4.24%) 987th In VIC
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Properties sold 58
Average discounting -5.42%
Average Days on Market 98
Stock on Market 21 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Lorne, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Lorne, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Lorne, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Lorne


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State Auction Clearance Rates - March 2019

Auctions Clearance rate
VIC 797 58%
ACT 60 56%
NSW 495 62%
NT 12 80%
QLD 116 31%
SA 112 48%
TAS 5 33%
WA 42 56%

Local Schools


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Suburb Information

Lorne, VIC 3232

Part of: Surf Coast Council No data available

The size of Lorne is approximately 104.7 square kilometres. It has 1 park. The population of Lorne in 2011 was 1,393 people. By 2016 the population was 1,120 showing a population decline of 19.6% in the area during that time. The predominant age group in Lorne is 60-69 years. Households in Lorne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lorne work in a managers occupation. In 2011, 69.4% of the homes in Lorne were owner-occupied compared with 65% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Lorne

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Lorne   for Houses in last 12 months


There have been 53 Houses sold in Lorne in the past 12 months with a median sale price of $1.1M, up 2.22% annually. It takes on average 102 days to sell with vendor discounting of -5.15%.

Streets in Lorne


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