OFF MARKET

55 Polwarth Road
Lorne VIC 3232

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 71m2
Land area: 455m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 55 Polwarth Rd, Lorne

55 Polwarth Rd, Lorne is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 455m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
1960
Floor Size
71m2
Land Size
455m2
Local Government
Surf Coast
Lot/Plan
8/LP2227

Last Listing description (June 2022)

A quintessential Lorne beach shack on offer in an outstanding position.
Comprising 2 bedrooms, original bathroom and an updated kitchen with a cosy dining and lounge area.
Immaculately presented and certainly comfortable enough to reside or rent immediately, while you conjure future development of the 455 sqm allotment to take advantage of the 180 degree views on offer.

Walking into town is made easy via the public Grand Parade 'steps' 50 metres away.
Just enjoy this cosy abode or aspire to create something special!

Property History for 55 Polwarth Rd, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$1,705,000
08 Jun 2022
  • 08 Jun 2022
    Sold for $1,705,000
  • 02 Jun 2022
    Listed for Sale UNDER CONTRACT
  • 21 Jan 2013
    Sold for $518,000
Sign in to see more transactions

Commute Calculator

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.
There are currently 3 properties listed for sale, and no properties listed for rent in Lorne on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Lorne.

Suburb Insights for Lorne 3232

Market Insights
Lorne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Lorne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.