LORN ranks 1164th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 9.91% for the past year is higher than average compared to its 21.74% growth within a five-year period.
Also in LORN, the median home price is sitting at $588,000, and the average rent at $420, this suggests property owners could potentially earn a 3.71% increase in gross rental yield.
Property investors have seen a 3.52% 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 5.93% growth over a ten-year period. It ranks 1266th on our list of suburbs that property investors should look into.