SOLD
Sold on 18 Dec 2023 for $625,000

155 Smith Street
Lorne VIC 3232

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 4071m2
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Sold By
Karen Stribling
Great Ocean Road Real Estate Lorne
Tyrone Provan
Great Ocean Road Real Estate Lorne
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Property Details for 155 Smith St, Lorne

155 Smith St, Lorne is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2000. The property has a land size of 4071m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom House sold in Lorne in the last 12 months.

Building Type
House
Year Built
2000
Floor Size
50m2
Land Size
4071m2
Local Government
Surf Coast
Lot/Plan
2/PS745992

Last Listing description (February 2024)

Low maintenance, all day sun and a fabulous north facing ocean view over Louttit Bay, this one-bedroom townhouse ticks the box for easy coastal living.

The split-level design offers master bedroom with ocean views, separate bathroom on upper level. Lower level comprises open plan kitchen, living, dining area opening to outdoor balcony.

Off street undercover parking, low Owners Corp fees and a flat walk to all Lorne has to offer.

Offering a secure investment or lifestyle opportunity, the property is currently tenanted at $370 per week.

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Property History for 155 Smith St, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$625,000
18 Dec 2023
Listed for Rent
$320/w
26 Nov 2020
  • 18 Dec 2023
    Sold for $625,000
  • 20 Jun 2023
    Listed for Sale Not Disclosed
  • 02 Mar 2020
    Listed for Rent $320 / week
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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 2,635 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.
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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