5/4-8 Smith StreetLorne VIC 3232
Property Details for 5/4-8 Smith St, Lorne
5/4-8 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 4078m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Last Listing description (January 2021)
Located in the tightly held, north facing building is this 2 bedroom, 2 bathroom apartment. Perched on the third floor, offering expansive ocean, pier and coastscape views from all areas of this single level apartment. With a towel over your shoulder, you will be at the beach in minutes. Secure undercover parking and lock up storage space, lift access to all levels, outdoor swimming pool and strong rental potential, Lorne Chalet is the perfect option for those chasing the easy living option in central Lorne!
Due to COVID 19 Protocol the property is not open for inspection to the public.
Property History for 5/4-8 Smith St, Lorne, VIC 3232
- 23 Jan 2021Sold for $1,115,000
- 22 Dec 2020Listed for Sale Auction Sat 23 Jan at 11am
- 15 Nov 2011Transferred
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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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