29/4-8 Smith StreetLorne VIC 3232
Property Details for 29/4-8 Smith St, Lorne
29/4-8 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 4069m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last transferred in June 2017.
Last Listing description (October 2014)
Luxuriously appointed 2 bedroom, 2 bathroom apartment, well equipped with gourmet kitchen featuring stainless steel European appliances.
Open plan living area spills onto a huge entertaining deck with ocean views to the Lorne Pier.
Other features: sun filled pool area, ducted heating and cooling, lift access, security entrance and one secure car space.
Offered for sale on a walk in walk out basis this apartment ticks all the boxes for affordable holiday apartment living with strong rental returns possible.
Property History for 29/4-8 Smith St, Lorne, VIC 3232
- 07 Jun 2017Transferred
- 10 Oct 2014Sold for $553,000
- 23 May 2013Listed for Sale 560000
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0About 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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