OFF MARKET

31/4-8 Smith Street
Lorne VIC 3232

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 104m2
Land area: 4078m2
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Last updated 16 Sep 2024
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Property Details for 31/4-8 Smith St, Lorne

31/4-8 Smith St, Lorne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces 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 March 2021.

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

Last Listing description (September 2010)

AFFORDABLE LUXURY
Situated on the second floor of the rear building of Mirvac's Lorne Chalet Apartment Complex.
A luxurious 3 bedroom, 2 bathroom apartment available for your consideration.

Located only a short walk to town and beach the property has a lovely view incorporating the hills, Louttit Bay and Pier.
Great value here!
Other features:
Inground Pool
2 Secure Basement Carparks
Large Storage Cage
Additional feature - near waterfront.

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Property History for 31/4-8 Smith St, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$1,295,000
26 Mar 2021
Listed for Rent
$350/w
12 Aug 2008
  • 26 Mar 2021
    Sold for $1,295,000
  • 27 Aug 2010
    Sold for $681,000
  • 13 Feb 2010
    Listed for Sale 740000
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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 2,649 properties. Over the last 5 years, Houses in Lorne have seen a 95.56% increase in median value, while Units have seen a 37.41% increase. As at 31 August 2024:

  • The median value for Houses in Lorne is $1,978,015 while the median value for Units is $927,154.
  • 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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