SOLD
Sold on 16 Nov 2024 for $1,175,000

22/4-8 Smith Street
Lorne VIC 3232

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 104m2
Land area: 4078m2
Sold By
Great Ocean Road Real Estate Lorne
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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 2024. There are other 2 bedroom Unit sold in Lorne in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
104m2
Land Size
4078m2
Local Government
Surf Coast
Lot/Plan
22/PS529430

Last Listing description (December 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.

The common area has an outdoor pool, basement car parking and a storage cage. A brilliant holiday apartment or very comfortable downsize option in a secure environment.

Property History for 22/4-8 Smith St, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$1,175,000
16 Nov 2024
Listed for Rent
$380/w
21 Nov 2008
  • 16 Nov 2024
    Sold for $1,175,000
  • 14 Nov 2024
    Listed for Sale $1,175,000
  • 23 Nov 2015
    Sold 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 2,674 properties. Over the last 5 years, Houses in Lorne have seen a 74.90% increase in median value, while Units have seen a 0.63% increase. As at 30 November 2024:

  • The median value for Houses in Lorne is $1,961,771 while the median value for Units is $784,383.
  • Houses have a median rent of $725 while Units have a median rent of $1,029.
There are currently 3 properties listed for sale, and no properties listed for rent in Lorne on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Lorne.

Suburb Insights for Lorne 3232

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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.