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Lorn, NSW 2320

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Lorn, NSW 2320 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Lorn, NSW 2320”

  1. The total adult population (15 years or older) of Lorn 2320 NSW is 1,199, with a median age of 43. Of those, 51.88% are married, 12.18% are divorced or separated, 29.36% are single and 6.09% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $10,588. The median monthly mortgage repayment for households in this suburb is $1,950 which is 18.42% of their earnings.

    Source: ABS Census Data (2021)

  2. The charming suburb of LORN NSW 2320, comprised of approximately 676 households, serves as a goldmine of opportunity for the discerning property investor in Q3, 2023. The typical house price stands at an appealing $1,065,691; coupled with a weekly median rent of $567, this equates to an indicative yield of 2.77%.

    Even though the yield falls slightly short of the preferred 3% threshold for cashflow-focused investors, LORN’s socio-economic score of 1051 out of 1217 should not be overlooked: it suggests inhabitants generally enjoy equitable access to economic resources, potentially predicting a stabilised rental market.

    Additional examination of the renter to owner ratio and units to houses ratio both yield favourable results. With 16% of properties rented and only 1% accounted for by units, LORN suggests a market resilient to over saturation, indicative of a strong appeal to long-term tenants, particularly families.

    However, factors such as the affordability index – a lofty 39 years – and the slightly extended 44 Days on Market, may present slight drawbacks to would-be investors. It indicates a marginally decreased property affordability and moderately high demand.

    It’s also worth noting that the housing market holds an inventory of 2.18 months and a 0.95% stock on market Percentage. While this translates to a somewhat neutral supply condition, the 0% building approvals Ratio implies low future supply, which could bolster property values over time.

    Adding to LORN’s potential, a vacancy rate of 1.83% indicates a high demand, combining with a promising buy search index of 6 for houses. It’s clear that keen investors are targeting LORN in their search for profitable opportunities.

    Though some metrics may sit outside the ideal range, we must remember that it’s the overall picture that aids well-informed investment decisions. Using the proprietary RCS (Relative Composite Score) can assist in this, by offering a comprehensive, data-driven overview of over 80 key metrics. Keep a watchful eye on LORN, it could prove to be a fruitful playing field for the astute investor.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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