OFF MARKET

11/4-8 Smith Street
Lorne VIC 3232

Bedrooms: 1
Bathrooms: 2
Car spaces: 1
Floor area: 104m2
Land area: 4078m2
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Last updated 16 Sep 2024
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Property Details for 11/4-8 Smith St, Lorne

11/4-8 Smith St, Lorne is a 1 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 4078m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
2006
Floor Size
104m2
Land Size
4078m2
Local Government
Surf Coast
Lot/Plan
11/PS529430

Last Listing description (March 2022)

Located in the sought after Chalet complex, one of the few double storey, 2 bedroom, 2 bathroom apartments offering coastline views.
Open plan kitchen, living, dining area is located on the 1st floor with modern kitchen, dining space and lounge which opens through sliding stacker doors to undercover balcony.
Second level offers 2 large bedrooms (master with ensuite), both opening to a huge contained terrace, 2nd living space and large bathroom.

The complex offers secure underground parking, outdoor pool, intercom system. Walking distance to the beach and shops. Being sold on a walk in walk out basis, this particular apartment is a very popular holiday rental.

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Property History for 11/4-8 Smith St, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$1,435,000
25 Feb 2022
  • 25 Feb 2022
    Sold for $1,435,000
  • 09 Feb 2022
    Listed for Sale $1,435,000
  • 08 Jan 2016
    Sold for $660,000
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About Lorne 3232

The size of Lorne is approximately 104.7 square kilometres. It has 13 parks covering nearly 110.1% of total area. The population of Lorne in 2011 was 1,393 people. By 2016 the population was 1,120 showing a population decline of 19.6% in the area during that time. The predominant age group in Lorne is 60-69 years. Households in Lorne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lorne work in a managers occupation. In 2011, 69.4% of the homes in Lorne were owner-occupied compared with 65% in 2016.

Lorne has 2,649 properties. Over the last 5 years, Houses in Lorne have seen a 95.56% increase in median value, while Units have seen a 37.41% increase. As at 31 August 2024:

  • The median value for Houses in Lorne is $1,978,015 while the median value for Units is $927,154.
  • Houses have a median rent of $725 while Units have a median rent of $1,029.
There are currently 2 properties listed for sale, and no properties listed for rent in Lorne on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Lorne.

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