Side by sideSuburb comparison

Lorn vs Oakhampton.

Comparing two suburbs with median house prices of $990,000 and $4,650,000. Oakhampton edges out on more headline metrics in this comparison.

Lorn (median $990,000) is roughly 79% cheaper to buy into than Oakhampton ($4,650,000). Over the past year, Oakhampton (0%) ran 12.0 percentage points ahead of Lorn (-12%) on house-price growth.

On school quality, the average ICSEA across schools serving Oakhampton (983) sits above Lorn (982). Lorn skews owner-occupied (81%), Oakhampton runs more rental-dense (62% owner).

The takeWhich suburb suits which buyer

For buyers

Lorn is the lower entry point at $990,000 median, 79% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Investors face a yield-versus-growth split: Lorn delivers the better gross yield (3.36% vs 0.72%), but Oakhampton has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.

For families

Oakhampton edges out on average school ICSEA (983 vs 982). Lorn also has a higher family-household share (74% vs 64%), so the catchment community skews family-heavy.

Common questionsLorn vs Oakhampton

Common questions

Is Lorn or Oakhampton cheaper to buy in?

Lorn has the lower median house price at $990,000, roughly 79% below Oakhampton ($4,650,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Lorn or Oakhampton?

Over the past 12 months, Oakhampton grew 0% vs -12% in Lorn, a gap of 12.0 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Does Lorn or Oakhampton have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Oakhampton scores 983 vs 982 in Lorn. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Lorn or Oakhampton?

Gross rental yield on houses is 3.36% in Lorn vs 0.72% in Oakhampton. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Lorn
Metric
Oakhampton

Price & Market

$990,000
Median house
$4,650,000
$293,040
Median unit
$293,040
-12.0%
Annual growth (house)
+0.0%
Days on market

Rental

$640/wk
Rent (house / wk)
$640/wk
$495/wk
Rent (unit / wk)
$495/wk
81.0%
Owner occupied
62.0%
16.0%
Renter occupied
7.0%

Lifestyle & Demographics

0
Walk score
0
0
Transit score
0
10
Bike score
20
1,465
Population
165
43
Median age
68

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
982
Avg ICSEA
983

Climate

1143 mm
Annual rainfall
1143 mm
24.7°C
Mean max (Jan)
24.7°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).