OFF MARKET

50 Polwarth Road
Lorne VIC 3232

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 1009m2
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Last updated 16 Sep 2024
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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.

Building Type
House
Land Size
1009m2
Local Government
Surf Coast
Lot/Plan
PC375211

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.

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Property History for 50 Polwarth Rd, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$1,830,000
09 Nov 2022
Listed for Rent
$275/w
13 Jul 2009
  • 09 Nov 2022
    Sold for $1,830,000
  • 14 Oct 2022
    Listed for Sale Contact Agent
  • 14 Jul 2009
    Sold 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 2,649 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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