18/4-8 Smith StreetLorne VIC 3232
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.
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.
Property History for 18/4-8 Smith St, Lorne, VIC 3232
- 26 Feb 2024Sold for $3,000,000
- 24 May 2015Sold for $1,430,000
- 26 Jul 2012Listed 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 2,660 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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