OFF MARKET

26/4-8 Smith Street
Lorne VIC 3232

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 4078m2
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Last updated 11 Nov 2024
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Property Details for 26/4-8 Smith St, Lorne

26/4-8 Smith St, Lorne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 4078m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in March 2015.

Building Type
Unit
Year Built
2008
Floor Size
62m2
Land Size
4078m2
Local Government
Surf Coast
Lot/Plan
26/PS529430

Last Listing description (October 2015)

This generously proportioned 1 bedroom apartment is just 200m from Lorne's shops and beach and features an enormous 22sqm terrace ideal for alfresco entertaining.
Located in the Lorne Chalet complex with views over a landscaped garden and swimming pool. The apartment also has a secure basement car park on title.
The superbly presented apartment is packed with luxury features including spa bath, SMEG appliances and stone bench tops.

This property has proven to be an extremely strong rental performer attracting weekend and weeklong bookings year round.

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Property History for 26/4-8 Smith St, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$396,000
30 Mar 2015
Listed for Rent
$250/w
19 Aug 2009
  • 30 Mar 2015
    Sold for $396,000
  • 05 Mar 2013
    Listed for Sale Not Disclosed
  • 14 Aug 2009
    Listed for Rent - Price not available
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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.
There are currently 3 properties listed for sale, and no properties listed for rent in Lorne on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Lorne.

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