GLENDONVALE - LORN 2 Acres, BUNGALOW HOME
Exciting news for you, the owner is willing to listen to any reasonable offer, the owner wishes to move on and has other things in mind. If you like such a home with character and the great advantages of this type of property in a prime location, then this could be your opportunity. Let's 'Talk Turkey' and see if we can do a deal for you.
This property (an Art Deco Bungalow built in 1938 on 2 acres) is situated in the notable heritage village of Lorn, in the historic city of Maitland. Lorn village has coffee shops, newsagency, liquor store, general store, local doctor and infants' school, and is 5 minutes walk from Maitland CBD. Maitland has the main rail station as well as a hospital with great facilities; conveniently located just 15 minutes from the end of the F3 freeway and 30 minutes to Newcastle, it is the hub of the Hunter Valley.
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 687 properties. Over the last 5 years, Houses in Lorn have seen a 72.41% increase in median value, while Units have seen a 61.80% increase. As at 30 September 2024:
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