OFF MARKET

73 Polwarth Road
Lorne VIC 3232

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 198m2
Land area: 602m2
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Property Details for 73 Polwarth Rd, Lorne

73 Polwarth Rd, Lorne is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 602m2 and floor size of 198m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
2017
Floor Size
198m2
Land Size
602m2
Local Government
Surf Coast
Lot/Plan
9/LP41931

Last Listing description (December 2020)

Nestled in a little known pocket of Lorne, this architect designed home offers both easy walking access into town and an abundance of privacy, peace and tranquillity. Bordering both Polwarth Road and Clovelly Court, "Lorne Hiatus" is a contemporary beach home.
Two storey and projecting from a steep block the timber clad home sits comfortably in the surrounding treetops. Simple yet cutting edge u-shaped design provides 3 impressive bedrooms, 3 bathrooms and multiple indoor and outdoor living zones.
Both side entrances on the top level access two rear hallways. One passing the ensuited master bedroom, and both accessing the main open plan living zone. The layout is classic.

Behold the central lounge area cleverly divided from the kitchen, dining and deck area by a stairwell heading downstairs. It gives the open plan a sense of separation and togetherness all at the same time. Lofted ceilings and north facing floor to ceiling windows ensure an abundance of natural light and bring the surrounding trees into the room.
Polished timber floors, combustion wood fire, stone bench tops and double sliding doors leading to a stunning deck area are part of a long list of modern features.
Descending below, Lorne Hiatus continues to show its versatility by design. Off to the right is a spacious kids room. When we say spacious, we really mean huge. It could easily be two rooms. To the rear is a main bathroom and laundry. Heading left is a second living room, TV room or reading area.
A nice little place to chill, this room leads towards the third bedroom or studio. Also accessible from outside, this space is fully en suited and includes a bunch of features that allows it to function as an Airbnb through other times of the year.
A very popular holiday rental, the property is being sold on a walk in walk out basis should the successful purchaser wish to continue holiday letting or the pure convenience of a stylishly kitted out home.
The home invites families to enjoy its exceptional location, stunning natural surrounds and an overall slice of modern elegance.

Property History for 73 Polwarth Rd, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$1,785,000
07 Dec 2020
Listed for Rent
$320/w
12 Jul 2011
  • 07 Dec 2020
    Sold for $1,785,000
  • 12 Nov 2020
    Listed for Sale $1,695,000
  • 27 Nov 2014
    Sold for $290,000
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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.
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.

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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.