23/4-8 Smith StreetLorne VIC 3232
Property Details for 23/4-8 Smith St, Lorne
23/4-8 Smith St, Lorne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 4078m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (March 2021)
Spacious 2 bedroom, 2 bathroom apartment in the high quality Chalet complex, located in a cul-de-sac position right in the heart of Lorne.
The apartment is in a quiet peaceful location within the building with an excellent ocean view towards the pier and a natural bush aspect from both bedrooms.
The floor plan provides a spacious relaxed open feel with the dining and living area being wide and almost square with big floor to ceiling windows maximising the view and opening to the full width balcony.
Property History for 23/4-8 Smith St, Lorne, VIC 3232
- 08 Mar 2021Sold for $940,000
- 11 Feb 2021Listed for Sale $940,000
- 31 Jan 2013Sold for $595,000
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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 2,658 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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