127 Smith StreetLorne VIC 3232
Property Details for 127 Smith St, Lorne
127 Smith St, Lorne is a 6 bedroom, 2 bathroom House with 2 parking spaces and was built in 1888. The property has a land size of 1239m2 and floor size of 205m2. While the property is not currently for sale or for rent, it was last sold in January 2017.
Last Listing description (May 2017)
First time ever offered to the market is this wonderful, historic Lorne beach house. Located on the prized low side of Smith Street on approx. 1,283 sqm of land overlooking Louttit Bay. Rambling floor plan including beautiful formal lounge with feature bay window and wrap around verandah. Circa 1888 with additions through to approximately the mid 1900 s, the current format comprises 6 bedrooms, 2 bathrooms, formal lounge, separate dining, plus a sleep out. The property was recently re-stumped, re-wired, re-plumbed, re-roofed and exterior painted. Internal areas are comfortable enough, however in original condition, presenting the perfect platform to reinvigorate one of Lorne's grand old ladies.
Property History for 127 Smith St, Lorne, VIC 3232
- 29 Jan 2017Sold for $1,650,000
- 22 Dec 2016Listed for Sale AUCTION SUNDAY 29 JANUARY AT 12PM
- 25 Mar 2009Listed for Sale $1,125,000
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0About 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 2,660 properties. Over the last 5 years, Houses in Lorne have seen a 81.55% increase in median value, while Units have seen a 23.08% increase. As at 31 October 2024:
- The median value for Houses in Lorne is $1,962,636 while the median value for Units is $947,506.
- Houses have a median rent of $725 while Units have a median rent of $1,029.
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