22/4-8 Smith StreetLorne VIC 3232
Property Details for 22/4-8 Smith St, Lorne
22/4-8 Smith St, Lorne is a 2 bedroom, 2 bathroom Unit and was built in 2006. The property has a land size of 4078m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
Last Listing description (November 2024)
A fantastic north facing mid level corner apartment, located within the very tightly held Lorne Chalet complex offering unrivalled quality.
A unique aspect providing all day sun with a lovely outlook along the entire coastline and a treed outlook to the West.
The apartment has a spacious layout of 104 sqm, incorporating 2 bedrooms, 2 bathrooms, 2 balconies and an open plan kitchen/living area.
Property History for 22/4-8 Smith St, Lorne, VIC 3232
- 16 Nov 2024Sold for $1,175,000
- 14 Nov 2024Listed for Sale $1,175,000
- 23 Nov 2015Sold for $510,000
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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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