Lorn

LORN ranks 409th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -1.14% for the past year is lower than average compared to its 39.87% growth within a five-year period.

Also in LORN, the median home price is sitting at $1,087,500, and the average rent at $675, this suggests property owners could potentially earn a 3.23% increase in gross rental yield.

Property investors have seen a 12.11% gain in LORN based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 9.89% growth over a ten-year period. It ranks 50th on our list of suburbs that property investors should look into.