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
$1,350,000
Last sold
7 May 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
759 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
$1,350,000
7 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Lorn (last 5 years) with land size have a median of $1,632/m² of land (n=42). 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
+16.1%
Median sale
Suburb $1,162,500
-0.38 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 Harcourts Hunter ValleySituated in the popular historic village of Lorn, this beautifully renovated and extended brick home is perfect for the whole family.
Live the Lorn Lifestyle in this circa 1925 home that has kept its charm throughout with detailed architraves and cornicing all while adding those modern comforts throughout. The property is walking distance to Lorn's vibrant, busy, café strip, Lorn Park Bowls & sport Club and only a few blocks away from Maitland's Hunter River – Perfect for taking the dogs for an afternoon stroll.
From the moment you enter the property you will be greeted with a soft colour palette, 10-foot ceilings, polished cypress timber floors and plenty of natural light creating that warm homely feel. Extended 2010 and finished in 2012 this 2 bedroom plus sunroom home became 5 bedrooms with 2 bathrooms, in addition to an open plan lounge, dining and kitchen area positioned perfectly to the back of the home creating a much better layout for a family to enjoy.
The kitchen is the heart of the home features a hardwood timber top island breakfast bench, gas cooktop and electric oven big enough for the chef of the family, plenty of cupboard space, stone bench tops & a dishwasher. The living & dining area opens out onto the outdoor alfresco area providing a great sense of indoor/outdoor entertaining. why not relax in an egg chair and enjoy a good book on a Sunday Afternoon.
The Main bedroom is generous in size, features an ensuite and a walk-in robe. The high ceilings provide a lovely sense of space and the remaining bedrooms also have Built in robes. The fifth bedroom is an ideal office/ study or workspace and the original lounge room is perfect for cuddling up on the lounge by the combustion woodfire.
Externally the property has side access, a double garage with automatic door & storage. The backyard is well maintained, neat and tidy with plenty of room for your 4-legged friends or children.
Other Features Include;
- Reverse cycle air-conditioning & Ceiling fans throughout, solar hot water, NBN
- New roof, redesigned layout, renovation to majority of home & extension
- Main Bathroom with separate spa bath, shower and vanity
- Separate Laundry with third toilet, town services
- Conveniently located only 4 mins from Maitland, 30 mins from the Hunter Valley wineries, 45 mins from Newcastle & just over 2 hours from Sydney.
While all care has been taken to ensure the information provided is correct we do not take responsibility for any error
Listing description written by Lisa Coburn, Harcourts Hunter Valley — reproduced as published, not verified by Districts.