LORNE 3232
State: VICPosiProp AI Investment Summary
LORNE (VIC 3232) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.3% and has experienced a 12-month capital growth of Down -6.3%, with a median house buy price of $1,734,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$3,098,250
$1,600,000
$2,561,750
$1,734,000
Suburb Market Profile
Last month Lorne had 4 properties available for rent and 37 properties for sale. Median property prices over the last year range from $1,734,000 for houses to $930,000 for units. If you are looking for an investment property, consider houses in Lorne rent out for $705 PW with an annual rental yield of 2.3% and units rent for $700 PW with a rental yield of 3.5%. Lorne has seen an annual compound growth rate of -6.3% for houses and 6.9% for units.
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