VIC · 3232

Lorne

Suburb profile, market snapshot and recent listings for Lorne, VIC 3232.

Lorne, VIC 3232

About Lorne

Welcome to Lorne

Lorne sits on Victoria's Great Ocean Road, roughly two hours' drive south-west of Melbourne along the Princes Freeway and the coastal route that winds through the Otways foothills. Wedged between the Bass Strait coastline and the forested hills behind it, the town has long been one of the state's best-loved seaside escapes, drawing generations of holidaymakers to its curving beach, pier and main street of cafes and shops.

With a permanent population of just 1,327 and a median age of 56, Lorne is less a commuter suburb than a coastal town in its own right, one that swells considerably over summer and empties out to a tight-knit, mostly older community for the rest of the year. It suits retirees and holiday-home owners drawn to the lifestyle, along with buyers after a weekender within striking distance of Melbourne and Geelong.

Lifestyle & dining

Lorne's main strip, Mountjoy Parade, runs parallel to the beach and is the social heart of the town, lined with cafes, restaurants, pubs and surf shops that cater to a steady flow of day-trippers and holidaymakers as much as locals. The dining scene punches well above its population, with everything from fish and chips by the water to more considered modern Australian menus, and the town's cafes are as much a meeting point for residents as they are a drawcard for visitors.

The pace changes with the seasons. In summer, Lorne hums with festival crowds, surf carnivals and the famous Pier to Pub swim, while in the quieter months it settles into a slower, more contemplative rhythm that many residents say is the real reason they choose to live here.

Parks & recreation

The Great Otway National Park effectively forms Lorne's backyard, offering walking tracks, waterfalls and fern gullies just minutes from the town centre, while the beach and Erskine River provide swimming, surfing and fishing on the doorstep. Lorne's foreshore reserve, tennis courts and golf course add to a lifestyle built firmly around the outdoors, and the surrounding hills are popular with cyclists and bushwalkers year-round.

The Great Ocean Road itself is as much a recreational asset as a piece of infrastructure, with nearby stretches of coastline and lookouts making it easy to spend a weekend exploring without leaving the local area.

Schools & families

Lorne P-12 College is the local option, covering the full span of schooling from prep through to year 12 within the town, which is a notable convenience for the relatively small number of families who live here permanently. Given the town's older median age and its character as a holiday and retirement destination, school-age families are a smaller part of the community than in most suburbs, but the college remains an important anchor for those who do call Lorne home year-round.

Getting around

Lorne is reached via the Great Ocean Road, a scenic but sometimes slow route that connects the town to Geelong and, beyond that, Melbourne via the Princes Freeway; the drive to Melbourne's CBD takes a little over two hours under normal conditions. There's no train line into Lorne, so a car is the practical way in and out for most residents, though V/Line-connected coach services run along the coast for those without one.

Within the town itself, most things are walkable, with Mountjoy Parade, the beach and surrounding streets all close together, making a car largely unnecessary once you've arrived.

The property market

Lorne's property market reflects its status as a premium coastal destination rather than a typical residential suburb. The median house price sits at $1.5 million, against a median unit or apartment price of $718,000, a substantial gap that points to two quite distinct buyer markets: those chasing a freestanding house or holiday home, and those after a lower-maintenance apartment as a lock-up-and-leave option.

House values have eased recently, with growth of -4.6% over the period measured, suggesting some softening after the strong run that many coastal markets experienced in preceding years. Current listings are split fairly evenly between apartments and units (44%), houses (44%), with land (12%) and a small share of townhouses (1%) making up the balance, giving buyers a reasonably broad range of options across price points and levels of upkeep.

History

Lorne developed as one of Victoria's earliest seaside resort towns, its fortunes tied closely to the construction of the Great Ocean Road itself, built in the years following the First World War partly as a memorial project and partly to open up the rugged Otway coastline. The town's pier, guesthouses and grand old hotels speak to a long tradition of holidaymaking that stretches back well over a century, and that history is still very much visible in the character of the main street and foreshore today.

Market snapshot

Lorne property market

Median price ranks #440 of 3,797 suburbs · pricier than 88%
Type
Bedrooms

Median sale price

$1.50m

House · 3 bed

Median rent

per week

Gross rental yield

annual rent ÷ sale price

Typical price range

Entry

$1.08m

Median

$1.50m

Premium

$3.88m

Days on market

Auction clearance

0%

Sold this year

16

Median sold price trend · House 3 bed

Compound growth -8.0% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in Lorne by dwelling type.

Apartment / Unit44%
House44%
Land12%
Townhouse1%

Who lives here

Demographics

ABS Census 2021 figures for Lorne, VIC 3232.

Population

1,327

residents (2021)

Median age

56

years

Household income

$1,525

median, per week

Median rent

$363

per week

Median mortgage

$2,167

per month

Mortgage / income

33%

stretched (>30%)

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Lorne

Government school catchment

Lorne P-12 College

Prep-12CoEdGovernment
Visit school website →

Recent results

Recently sold in Lorne

$261k

112A&B/35 Mountjoy Parade

apartment2 bd · 2 ba · 1 car

Sold ~July 2026

$1.51m

2/12 Anderson Street

apartment2 bd · 2 ba · 2 car

Sold ~July 2026

$1.80m

2A Seymour Street

house4 bd · 4 car

Sold ~June 2026

$1.65m

25/22-28 Mountjoy Parade

apartment1 bd · 1 car

Sold ~June 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Lorne

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Compare the area

Price map around Lorne

Every listing for sale near Lorne, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

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Common questions

Lorne suburb FAQ

What is the median property price in Lorne?

The median house price in Lorne, VIC is $1.50m for a 3-bedroom home. Over the past year, median sold prices have fallen about 4.6%.

Is Lorne a good place to live?

Lorne is a town in Surf Coast Shire, Victoria, Australia. Lorne is an established residential suburb in VIC, with a population of around 1,327 and 1 school in the area.

What is the population of Lorne?

Lorne has a population of 1,327 (ABS 2021 Census), with a median age of 56.

What schools are in Lorne?

There is 1 school in or near Lorne, including Lorne P-12 College.

How much do you need to buy in Lorne?

Entry-level properties in Lorne start around $1.08m, while premium homes reach $3.88m.

Available now

Properties in Lorne

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For Sale
$1.29m
apartment

RIGHT IN THE HEART OF IT ALL!

1/118 Mountjoy Parade, Lorne VIC 3232
221
Great Ocean Road Real Estate Lorne3 months ago
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For Sale
Contact agent
house

'Springwood' - The Surf Coast's Most Unique Opportunity

46 & 48 Albert Street, Lorne VIC 3232
121061.68 ha
Fletchers Bellarine3 months ago
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For Sale
$1.79m
apartment

ABSOLUTE OCEAN FRONTAGE

3/37 Ocean Road, Lorne VIC 3232
312
Great Ocean Road Real Estate Lorne3 months ago
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For Sale
$3.5m–$3.8m
house

Designed Coastal Sanctuary & Rooftop Terrace

50 Richardson Boulevard, Lorne VIC 3232
534704 m²
RT Edgar Bellarine2 weeks ago
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For Sale
$1.45m
house

LIGHT, BRIGHT & POLISHED

10 Stirling Street, Lorne VIC 3232
312427 m²
Great Ocean Road Real Estate Lorne3 months ago
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For Sale
$1.20m
land

AN OUTSTANDING BLANK CANVAS

10 Albert Street, Lorne VIC 3232
675 m²
Great Ocean Road Real Estate Lorne3 months ago
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For Sale
$2.59m
house

A LANDMARK LORNE BEACHFRONT - GREAT OCEAN ROAD FRONTAGE

11 Tradewinds Avenue, Lorne VIC 3232
522
Great Ocean Road Real Estate Lorne3 months ago
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For Sale
$1.73m
house

PRIME LOCATION, HIGHLY SOUGHT ORIENTATION

25 Bay Street, Lorne VIC 3232
314974 m²
Great Ocean Road Real Estate Lorne3 months ago
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Image 1
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For Sale
$1.78m
house

PRIVACY, VIEWS AND MODERN LUXURY!

12 Trade Winds Avenue, Lorne VIC 3232
333578 m²
Great Ocean Road Real Estate Lorne3 months ago
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For Sale
$169,000
apartment

A Smart Entry into the Lorne Market

136A/35 Mountjoy Parade, Lorne VIC 3232
11112 m²
Smyth Real Estate2 months ago
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For Sale
$1.7m–$1.75m
house

BETTER THAN NEW! - MUST SELL - Vendor will consider all offers!

3/26 Hopetoun Terrace, Lorne VIC 3232
322457 m²
Smyth Real Estate3 months ago
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Image 1
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For Sale
$1.59m
house

IDEALLY LOCATED BEACH SHACK!

10 Waverley Avenue, Lorne VIC 3232
323700 m²
Great Ocean Road Real Estate Lorne3 months ago
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