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Lorn

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Lorn, NSW 2320, is a picturesque suburb in the Hunter Region, located just across the Hunter River from Maitland. Known for its tree-lined streets and heritage homes, Lorn offers a village-like charm and a close-knit community atmosphere. Local amenities include cafes, boutique shops, and parks, with easy access to Maitland’s broader shopping, dining, and educational facilities.

  1. Location and Accessibility:


    Lorn is a charming riverside suburb in the Hunter Region, approximately 170 km from Sydney. Its proximity to Maitland ensures access to major transport links, shopping centers, and essential services.

  2. Population and Housing:

    • Population: Adult population figures were last recorded during the most recent census.

    • Dwellings: Estimated at 1,465 residential properties.

    • Average rent for houses: $610 per week, with a typical house price around $1,160,000.

    • Gross yield for houses: 2.73%, reflecting lower rental returns relative to property prices.

  3. Socio-Economic and Education Metrics:

    • Lorn is a well-regarded suburb with a balanced socio-economic profile.

    • The area’s school rank is based on NAPLAN and ACARA data, providing families access to quality education options.

  4. Market Activity and Investment:

    • Market liquidity: Annual sales volume reflects moderate market activity.

    • Projected Annual ROI: Indicates potential, with opportunities depending on property demand and capital growth trends.

    • Median "Days on Market": 102 days, signaling a lower demand level compared to busier markets.

  5. Supply and Demand Indicators:

    • Vacancy rate: 0.0%, indicating extremely high demand for rental properties.

    • Inventory levels: 1.01 months, with a low stock of market percentage (0.43%), suggesting limited supply and strong demand.

    • Building approvals: No recent approvals, highlighting restricted future supply.

This snapshot underscores Lorn’s appeal as a peaceful and picturesque suburb with heritage charm and strong community ties, making it attractive for families and investors seeking a unique, long-term opportunity.

 



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