50 Polwarth RoadLorne VIC 3232
Property Details for 50 Polwarth Rd, Lorne
50 Polwarth Rd, Lorne is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1009m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (November 2022)
Well presented, well located, and ticking all boxes of a great, low maintenance, coastal entertainer.
A neat and tidy beach house in a central, sought-after location. Walking into town is made easy via the public Grand Parade steps 50 metres away.
Upstairs comprises 3 bedrooms, 1 bathroom with a functional open plan kitchen, dining, lounge area opening to front and rear deck space. Downstairs has a self-contained studio (teenagers retreat) with separate bathroom. The home benefits from the fully paved and flat outdoor entertaining area with outdoor kitchen capturing brilliant afternoon sun and an abundance of private space for all to relax and enjoy.
Live in as is, while you conjure future development of the 1000 sqm (approx) allotment and take advantage of the approved planning permit for a Charlie Mina designed home.
Property History for 50 Polwarth Rd, Lorne, VIC 3232
- 09 Nov 2022Sold for $1,830,000
- 14 Oct 2022Listed for Sale Contact Agent
- 14 Jul 2009Sold for $600,000
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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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