2/48 Polwarth RoadLorne VIC 3232
Property Details for 2/48 Polwarth Rd, Lorne
2/48 Polwarth Rd, Lorne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 109m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in August 2005.
Last Listing description (May 2016)
You won't want to miss out on viewing this fully furnished unit with partial ocean views.
Two large bedrooms upstairs and a shared modern bathroom with open plan living downstairs.
In addition, enjoy the versatile mezzanine area which could be used as a small bedroom, gaming area, reading lounge or for additional storage.
Available on a 6 to 12 month lease
Property History for 2/48 Polwarth Rd, Lorne, VIC 3232
- 08 Mar 2016Listed for Rent $375 / week
- 30 Jun 2014Listed for Rent $350 / week
- 18 Apr 2013Listed for Rent $350 / 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.
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