SOLD
Sold on 12 Jul 2024 for $597,500

11/44-48 Melrose Street
Lorn NSW 2320

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 91m2
Land area: 170m2
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Property Details for 11/44-48 Melrose St, Lorn

11/44-48 Melrose St, Lorn is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1992. The property has a land size of 170m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Lorn in the last 12 months.

Building Type
House
Year Built
1992
Floor Size
91m2
Land Size
170m2
Local Government
Maitland
Lot/Plan
11/SP41691

Property History for 11/44-48 Melrose St, Lorn, NSW 2320

A timeline of how this property has performed in the market
Last Sold
$597,500
12 Jul 2024
  • 12 Jul 2024
    Sold for $597,500
  • 02 Feb 1993
    Sold for $122,500

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About Lorn 2320

The size of Lorn is approximately 4.6 square kilometres. It has 4 parks covering nearly 2.9% of total area. The population of Lorn in 2011 was 1,263 people. By 2016 the population was 1,350 showing a population growth of 6.9% in the area during that time. The predominant age group in Lorn is 40-49 years. Households in Lorn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lorn work in a professional occupation. In 2011, 79% of the homes in Lorn were owner-occupied compared with 79.2% in 2016.

Lorn has 693 properties. Over the last 5 years, Houses in Lorn have seen a 49.82% increase in median value, while Units have seen a 62.31% increase. As at 30 November 2024:

  • The median value for Houses in Lorn is $925,282 while the median value for Units is $493,299.
  • Houses have a median rent of $645 while Units have a median rent of $335.
There are currently 7 properties listed for sale, and 1 property listed for rent in Lorn on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Lorn.

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