SOLD
Sold on 26 Feb 2024 for $3,000,000

18/4-8 Smith Street
Lorne VIC 3232

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 161m2
Land area: 156m2
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Property Details for 18/4-8 Smith St, Lorne

18/4-8 Smith St, Lorne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 156m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Lorne in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
161m2
Land Size
156m2
Local Government
Surf Coast
Lot/Plan
18/PS529430

Last Listing description (October 2015)

One of only two penthouse apartments, located in the front building of the 'Lorne Chalet' complex.
Comprising 3 bedrooms, 2.5 bathrooms with an open plan kitchen/dining/lounge area. The apartment is finished to a very high quality with 2 pac cabinetry, Miele appliances and integrated fridge.
The exclusivity is evident from the moment you step out of the elevator into the corridor where this apartment is the sole occupier of the fourth level.

Upon entry to the apartment you're greeted with 180 degree views of Louttit Bay, Lorne Pier and the entire coastline to Aireys Inlet.

Property History for 18/4-8 Smith St, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$3,000,000
26 Feb 2024
  • 26 Feb 2024
    Sold for $3,000,000
  • 24 May 2015
    Sold for $1,430,000
  • 26 Jul 2012
    Listed for Sale $1,550,000
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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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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.