OFF MARKET

40 Lorenzo Way
Orana WA 6330

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 122m2
Land area: 730m2
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Property Details for 40 Lorenzo Way, Orana

40 Lorenzo Way, Orana is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1989. The property has a land size of 730m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
House
Year Built
1989
Floor Size
122m2
Land Size
730m2
Local Government
Albany
Lot/Plan
151/P016890

Last Listing description (August 2017)

Welcome to 40 Lorenzo Way.
More than just a convenient, low maintenance lifestyle, it s been
created to enhance every aspect of life in a way that maximises

space where you need it and privacy.

Whether you re seeking a long term investment, first or second home or downsizing, this is the property for you.
Currently reaping a robust 5%pa return on investment, this neat 730sqm property comes with a reliable, exceptional quality tenant in place to November 2017 at $315.00 per week.
For investors, this takes all the hassle out of trying to find a suitable tenant and for potential owner-occupiers it means drawing an income from the property to help you out with your mortgage payments until you move in!
The solid 3 bedroom home features a spacious entry, which flows to an inviting lounge to the left and meals area and modern kitchen to the right, which has access to a handy drive-through roller door carport. There is also plenty of frontage to create additional side vehicle access to the backyard.
The home has extra-spacious built-in robes in all the bedrooms, ample linen storage and well-presented and maintained wet areas.
The expansive fenced and appealing backyard has a delightful patio for year round use and handy garden shed.
Much more than a place to reside, the home balances the benefits of a solid smart home with the needs of everyday living.

Property History for 40 Lorenzo Way, Orana, WA 6330

A timeline of how this property has performed in the market
Last Sold
$315,000
11 May 2017
Listed for Rent
$310/w
25 Oct 2015
  • 11 May 2017
    Sold for $315,000
  • 24 Oct 2016
    Listed for Sale $320,000
  • 02 Oct 2015
    Listed for Rent - Price not available
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About Orana 6330

The size of Orana is approximately 2.4 square kilometres. It has 4 parks covering nearly 6.6% of total area. The population of Orana in 2011 was 2,009 people. By 2016 the population was 2,075 showing a population growth of 3.3% in the area during that time. The predominant age group in Orana is 0-9 years. Households in Orana are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Orana work in a labourer occupation. In 2011, 57.8% of the homes in Orana were owner-occupied compared with 60.9% in 2016.

Orana has 1,017 properties. Over the last 5 years, Houses in Orana have seen a 83.18% increase in median value, while Units have seen a 18.33% increase. As at 31 October 2024:

  • The median value for Houses in Orana is $471,607 while the median value for Units is $308,478.
  • Houses have a median rent of $490.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Orana on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Orana.

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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.