SOLD
Sold on 22 Mar 2024 for $1,290,000

5 Melrose Street
Lorn NSW 2320

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Floor area: 165m2
Land area: 997m2
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Property Details for 5 Melrose St, Lorn

5 Melrose St, Lorn is a 5 bedroom, 2 bathroom House with 4 parking spaces and was built in 1910. The property has a land size of 997m2 and floor size of 165m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 5 bedroom House sold in Lorn in the last 12 months.

Building Type
House
Year Built
1910
Floor Size
165m2
Land Size
997m2
Local Government
Maitland
Lot/Plan
1/DP770206

Last Listing description (June 2011)

From Now To Then
All the charm and character of yesteryear - this spacious residence has been freshly painted inside and out and is located in Melrose Street on a private, fully fenced 1000sqm block complete with mature citrus trees, extra long double garage, sunny north facing aspect and an extension that melds old with new, effortlessly. With original cedar timberwork, ornate arch and high ceilings, formal lounge and large informal living off the kitchen.
. 5 bedrooms, 2 bathrooms

. Generous proportions throughout
. Polished floorboards
. Ducted air conditioning
. Large country style kitchen
. Bright family room & deck
AUCTION OR BUY NOW NEG RANGE $499,000-$539,000
LISTING AGENT: Charlie Lund 0429139260
Additional feature/s - Ducted Air Conditioning.

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Property History for 5 Melrose St, Lorn, NSW 2320

A timeline of how this property has performed in the market
Last Sold
$1,290,000
22 Mar 2024
Listed for Rent
$400/w
30 Jan 2009
  • 22 Mar 2024
    Sold for $1,290,000
  • 30 Jun 2011
    Sold for $500,000
  • 11 Mar 2011
    Listed for Sale AUCTION OR BUY NOW NEGOTIABLE RANGE $499,000 - $539,000
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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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