Lorne
VIC, 3232
-
Surf Coast
Thinking about buying in Lorne? Now could not be a better time, with 3370 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,108,000 with prices in this suburb ranging from $279,000 to $11,083,000. Lorne is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Household Makeup
| Median Weekly Rent | $376.50 |
| Median Monthly Mortgage | $2147.50 |
| Median Persons Per Bedroom | 0.70 |
| Average Household Size | 2.00 |
| Average Age | 56.00 |
| Average Income | $881.50 |
| Average Cars Per Dwelling | 1.82 |
| Average Properties Within 50M | 22 |
Housing Stock
Average Property Prices
| 1 Bed $1,041,000 |
| 2 Bed $1,329,000 |
| 3 Bed $1,926,000 |
| 4 Bed $2,488,000 |
| 5 Bed $2,895,000 |
| 6 Bed+$4,252,000 |
Lorne Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in Lorne driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Lorne are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Lorne provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Lorne to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Lorne the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Houses for sale Lorne
|
985 erskine falls rd, lorne, vic, 3232 |  |
 |
$3,700,000 Plus GST |
Local Schools
Lorne P-12 College
(While the above schools are located with the suburb of Lorne there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Lorne weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.5 | 14.3 | 24.2 | 50.6 | 89.8 | 4.7 | 24.5 |
| Feb | 1.0 | 14.9 | 23.4 | 55.3 | 89.8 | 4.4 | 19.6 |
| Mar | 1.4 | 14.0 | 22.1 | 53.7 | 89.7 | 4.3 | 15.1 |
| Apr | 1.3 | 11.8 | 19.6 | 55.9 | 91.1 | 4.2 | 11.4 |
| May | 2.2 | 9.8 | 16.4 | 60.7 | 91.6 | 4.7 | 8.4 |
| Jun | 2.1 | 8.0 | 14.1 | 66.4 | 92.7 | 4.7 | 7.1 |
| Jul | 2.4 | 7.3 | 13.5 | 64.2 | 91.8 | 5.2 | 7.5 |
| Aug | 2.0 | 7.3 | 14.4 | 59.2 | 91.6 | 5.2 | 10.1 |
| Sept | 1.9 | 8.4 | 16.7 | 53.2 | 90.6 | 5.0 | 14.3 |
| Oct | 1.9 | 9.7 | 18.9 | 52.0 | 90.3 | 4.7 | 19.2 |
| Nov | 1.8 | 11.3 | 20.7 | 52.3 | 90.8 | 4.6 | 22.1 |
| Dec | 1.4 | 12.4 | 22.3 | 52.2 | 90.3 | 4.5 | 25.1 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Birregurra - Greater then 10KM
General Points of Interest
Sheoak Falls - Less than 10 KM
Erskine Falls - Less than 5 KM
Lorne Golf Course - Less than 5 KM
Canyon and Phantom Falls Hiking Trail - Less than 5 KM
Phantom Falls - Less than 5 KM
Straw Falls - Less than 5 KM
Pennyroyal Falls - Less than 10 KM
Wymbooliel Falls - Less than 10 KM
Grand Theatre Stage - Less than 5 KM
Historic Tree Log Tram Carriage - Less than 10 KM
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