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.
3
Bedrooms
1
Bathrooms
2
Car spaces
670 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 River Realty MaitlandWilliam Shakespeare quoted fair Verona in Romeo and Juliet and this charming 1950s home befits its name of Verona, with many of its features very fair indeed.
The three-bedroom home has already been partially renovated with the stunning timber floorboards revealed and polished, a fresh coat of paint in soft, muted, latte tones has done wonders for the interiors and the kitchen, dining and sitting room have been opened up to create a large open-plan living zone.
Art deco-style, diamond pattern windows create a striking feature in the formal living room and with high ceilings and decorative plasterwork among the other features, this home is sure to make you the envy of all your friends.
Theres no doubt the bathroom and kitchen still require some much needed TLC, as these two rooms are still only halfway through demolition.
That means those not afraid to strap on their tool belt and dust off their imagination will also find plenty that appeals in this home, with a chance to put their own stamp on it.
Located in the highly sought, period suburb of Lorn, not too far from the Hunter River, this home is in a prime location within walking distance of the CBD and local recreation facilities including the Lorn Park Bowls, Sports and Recreation Club and Marcellin Park.
Set on a 670sq m block and back from the street, the home has plenty of room for extension (STCA) or to expand the existing covered outdoor entertaining area should you wish.
Alternatively the large level block and great sized back yard would be easy for green thumbs to transform into a garden paradise.
With the living room and three bedrooms already renovated its easy to cast a vision of the home completed, with the living room already exuding lots of charm through its bay window and combustion fireplace.
The home is filled with natural light courtesy of large windows and the kitchen and bathroom are useable so you can live in while you complete the renovations.
The floorboards have already been exposed in the kitchen, dining and sitting room and its not hard to see how beautiful this room will look when complete.
Other features of this property include side access to a single garage with an attached single carport.
SMS 27Queen to 0428 166 755 for a link to the on-line property brochure.
Listing description written by Kristy Resevsky, River Realty Maitland — reproduced as published, not verified by Districts.