OFF MARKET

25 Smith Street
Lorne VIC 3232

Bedrooms: 1
Bathrooms: 2
Car spaces: -
Land area: 593m2
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Property Details for 25 Smith St, Lorne

25 Smith St, Lorne is a 1 bedroom, 2 bathroom House. The property has a land size of 593m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Land Size
593m2
Local Government
Surf Coast
Lot/Plan
2/LP29771

Last Listing description (August 2021)

A prestige site on the low side of Smith Street above Mountjoy Parade with such diverse opportunity. Multiple dwellings, prestige residence or tourist accommodation are all options (S.T.C.A.) within this "tourist development" zoned site.

Sitting on the shoulder of Mountjoy Parade, the amenity of location doesn't get any stronger. A site where your car will occupy whatever space you provide and never need to leave. Access on foot to the beach, restaurants, supermarket and all Lorne has to offer is guaranteed.

The northern orientation and gentle undulation provides the perfect canvas for whatever your imagination holds.

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Property History for 25 Smith St, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$1,750,000
23 Jul 2021
  • 23 Jul 2021
    Sold for $1,750,000
  • 18 Dec 2020
    Listed for Sale Contact Agent
  • 20 Nov 2014
    Sold for $850,000
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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 2,635 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.
There are currently 2 properties listed for sale, and no properties listed for rent in Lorne on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Lorne.

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