Lorn at a glance
1,582
People
$1,162,500
Median sale
$608/wk
Median rent
2.72%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
NSW › Lorn › Melrose St
4
Bedrooms
3
Bathrooms
2
Car spaces
632 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Lorn (last 5 years) with land size have a median of $1,640/m² of land (n=43). Districts calculation from recorded sales — not a valuation.
Lorn at a glance
1,582
People
$1,162,500
Median sale
$608/wk
Median rent
2.72%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $608/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Lorn at a glance
1,582
People
$1,162,500
Median sale
$608/wk
Median rent
2.72%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate MaitlandFrom the moment you set eyes on this beautiful home you will start to fall in love. It has had plenty of stories in its 80-year history and is just waiting for you to add your chapter. Having had a full make over inside and out, it maintains its old-world charm but now has all of the creature comforts for you to enjoy.
The large bedrooms, ornate cornices and high-ceilings are a delight and the well-appointed modern kitchen is perfect for the culinarian of the house. A charming private back yard has two areas to relax or entertain in and enough room for the kids to play. Stepping out from the kitchen is a spacious Jarrah timber deck, which is covered by a retractable awning, perfect to sit back with a coffee and paper to enjoy the morning sun.
The detached double garage boasts a separate 4th bedroom/living quarters with its own bathroom and access to the adjoining second outdoor entertaining area. This is perfect for a teenage retreat, guest bedroom or a studio style space to work from home. Quality cabinetry and appliances in the freshly renovated kitchen, plantation shutters, zoned ducted air conditioning, built-in gas fireplace, stunning polished floorboards, down-lit throughout and the list goes on; no expense has been spared to make sure the little things are just right.
It is an absolute pleasure to bring this home to the market, so dont hesitate to book an inspection today, as this opportunity wont be around for long!
Further features of this property include:
- Old world charm with open plan living and all the new mod-cons
- Freshly renovated kitchen with top quality appliances
- Warm and cosy living room with gas fireplace
- Spacious main bedroom with triple built-in robes
- Contemporary renovated main bathroom
- Fully renovated second bathroom/laundry
- 3rd living area/rumpus/office
- 4th bedroom/ teenagers retreat
- Zoned ducted air conditioning throughout
- Retractable covered alfresco entertainer off the dining
- Double remote garage
- Fully fenced back yard with 2nd entertaining/BBQ area
- Aluminium plantation shutters across the front and southerly side
This property is proudly marketed by Pat Howard, contact 0408 270 313 for further information or to book your private inspection.
"First National David Haggarty, We Put You First"
Listing description written by Pat Howard, First National Real Estate Maitland — reproduced as published, not verified by Districts.