40 Polwarth RoadLorne VIC 3232
Property Details for 40 Polwarth Rd, Lorne
40 Polwarth Rd, Lorne is a 4 bedroom, 2 bathroom House. The property has a land size of 1009m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in April 2014.
Last Listing description (March 2014)
Immaculately presented 1980's beach home comprising, 4 bedrooms, 2 bathrooms, separate kitchen/meals and large family living situated on 1020 sqm.
The block has been levelled and retained providing a unique flat area rarely enjoyed in Lorne. Perfect space to extend the current structure, landscape or establish a pool and entertainment area.
Amazing views to Aireys Lighthouse and the Lorne Pier are experienced from the large sun filled entertaining deck.
Property History for 40 Polwarth Rd, Lorne, VIC 3232
- 02 Apr 2014Sold for $825,000
- 25 Aug 2011Listed for Sale $880,000
- 08 Feb 1984Sold for $18,500
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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.
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