Oakhampton vs Lorn
Lorn (median $990,000) is roughly 79% cheaper to buy into than Oakhampton ($4,650,000).
Buying in Oakhampton or Lorn?
Selling in Oakhampton? The free selling guide
Oakhampton and Lorn side by side
| Measure | Oakhampton | Lorn |
|---|---|---|
| Price and market | ||
| Median house | $4,650,000 | $990,000 |
| Median unit | $293,040 | $293,040 |
| House price change, 12 months | – | -12.0% |
| Renting | ||
| House rent | $640/wk | $640/wk |
| Unit rent | $495/wk | $495/wk |
| Owner occupied | 62.0% | 81.0% |
| Renter occupied | 7.0% | 16.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 983 | 982 |
| Lifestyle and people | ||
| Walk score | 0 | 0 |
| Transit score | 0 | 0 |
| Bike score | 20 | 10 |
| Population | 165 | 1,465 |
| Median age | 68 | 43 |
| Climate | ||
| Annual rainfall | 799 mm | 785 mm |
| Mean max, January | 30.5°C | 30.3°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
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).
- 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
- Lorn offers the higher gross rental yield (3.36% vs 0.72%), favouring cash-flow investors.
- 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.
Oakhampton vs Lorn: common questions
Is Oakhampton or Lorn 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.
Does Oakhampton or Lorn 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, Oakhampton or Lorn?
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.
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