2/148-174 Mountjoy Parade

Lorne VIC 3232

The size of Lorne is approximately 104.7 square kilometres. It has 13 parks covering nearly 110.1% of total area. The population of Lorne in 2011 was 1,393 people. By 2016 the population was 1,120 showing a population decline of 19.6% in the area during that time. The predominant age group in Lorne is 60-69 years. Households in Lorne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lorne work in a managers occupation. In 2011, 69.4% of the homes in Lorne were owner-occupied compared with 65% in 2016.

Lorne has 2,674 properties. Over the last 5 years, Houses in Lorne have seen a 74.90% increase in median value, while Units have seen a 0.63% increase. As at 30 November 2024:

• The median value for Houses in Lorne is $1,961,771 while the median value for Units is $784,383.
• Houses have a median rent of $725 while Units have a median rent of $1,029.