53 Polwarth RoadLorne VIC 3232
Property Details for 53 Polwarth Rd, Lorne
53 Polwarth Rd, Lorne is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1985. The property has a land size of 455m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Last Listing description (March 2020)
If you like the idea of a beach home with character and charm but without the work required to renovate, then this one could be for you. From the moment you descend down the wide landscaped stairs from street level through lovely gardens you get the feeling you are somewhere special. The home is an A frame structure that has many different spaces across four levels. Accommodation ranges from a loft style bedroom with its own sitting room in the Apex to a self contained one bedroom with kitchenette below the main living/dining level that also contains 2 bedrooms and another separate detached stand alone bedroom accessed across the deck. There are 2 bathrooms servicing the house and outdoor decking complementing the fully landscaped surrounds. But that's not all! The property also boasts a lovely ocean outlook which includes the Lorne pier from the upper level and is positioned close to town above the main street.
Property History for 53 Polwarth Rd, Lorne, VIC 3232
- 06 Feb 2020Sold for $980,000
- 13 Dec 2019Listed for Sale $1,050,000
- 24 Feb 2006Sold for $455,000
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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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