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.
$616,625
Last sold
23 Oct 2019
3
Bedrooms
2
Bathrooms
2
Car spaces
632.3 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
$616,625
23 Oct 2019 · derived via latest_sale
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.
Vs Lorn
-47.0%
Median sale
Suburb $1,162,500
+2.41 pp
Gross yield
Suburb 2.72%
Suburb median $1,162,500 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 MaitlandWith cafes, boutiques and a bowling green within walking distance, there are plenty of ways to make the most of the low maintenance lifestyle offered by this lovely Lorn property.
Located in the prime riverside suburb known for its stunning heritage architecture and wide, tree-lined streets, this property ticks all the right boxes, combining a beautifully renovated interior with lovely outdoor spaces that offer plenty of appeal without endless maintenance hassles.
The charming bungalow was built in 1940 and has been immaculately maintained, with its timeless red brick construction, partial-width porch and manicured front garden offering plenty of kerb appeal.
A matching brick fence adds a lovely formality to the facade, complemented by established hedges along the front of the home and both sides of the yard.
A modern timber and glass panel door suggests an interior that belies the homes 79-year-old construction date, with a contemporary renovation blending sympathetic features with luxury inclusions such as downlights and ducted air conditioning.
The front door opens into a traditional central hallway, which provides access to the home’s three good-sized bedrooms. Each room features built-in wardrobes, as well as a ceiling fan with light fitting and timber venetian blinds on the windows.
Polished timber floorboards have been retained in the bedrooms and throughout the home, providing a traditional flooring choice that is both rich in colour and detail.
The home’s two bathrooms and the laundry feature luxurious floor-to-ceiling tiling in a lovely modern neutral tone, while a pedestal vanity and freestanding clawfoot bath with overhead shower offers a nod to the home’s heritage in the main bathroom.
A dark chocolate-coloured floor tile has been incorporated into the fully renovated kitchen to add warmth and texture, complementing the timber-look cabinetry and coffee-coloured glass splashback.
The kitchen is a mix of country and contemporary styling, with glass fronted overhead cabinets in a warm oak finish contrasting against the darker timber-look laminate on the wall-length bank of cupboards and drawers.
A stainless steel benchtop and white underbench cabinets help to lighten the overall colour palette, with quality De’Longhi stainless steel appliances adding to the contemporary finish.
A centre island bench with a timber benchtop adds to the kitchen’s usable preparation space, with extended breakfast bar seating providing an eat-in element for casual meals.
The open plan kitchen flows through to the adjoining dining room, while glass sliding doors at the other end of the space extend the living and entertaining opportunities out under the rear covered alfresco area.
The home features multiple living areas inside and out, with a spacious lounge room that is perfect for relaxing in front of the television, and a versatile space between this area and the dining room that could be used as a home office or additional sitting area.
Outside, the attached alfresco area offers all-weather entertaining options with space for an outdoor dining table or lounge setting. Glass fencing on the adjoining pool area provides unobstructed views of the stunning inground saltwater pool, while at the other end of the pool yard a timber deck offers an open-air space for soaking up the sun.
Timber slats and establishing planting provide added privacy in this area, while a brick garden shed helps screen the rear grassed yard from neighbouring homes.
A tandem double car carport offers an additional undercover area to one side of the house, which could be utilised for added entertaining space when needed, or merely provide covered off-street parking spaces.
Low maintenance gardens and lawns with established trees and plants ensure the 632.3sqm is a breeze to maintain, making the property ideal for downsizers or retirees.
The property is perfectly positioned in the centrally located suburb of Lorn, within walking distance of the local bowling club, cafes, boutiques and neighbourhood shops.
The revitalised Levee precinct in Maitland’s city centre sits just minutes away across the other side of the Hunter River, offering a thriving hub of restaurants, cafes, boutiques and businesses, while easy access to the New England Highway provides connectivity to key regional attractions.
SMS 3Edward to 0428 166 755 for a link to the on-line property brochure.
Listing description written by Chris Henry, River Realty Maitland — reproduced as published, not verified by Districts.