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
$970,000
Last sold
2 Feb 2023
2
Bedrooms
2
Bathrooms
2
Car spaces
591 m²
Land
205 m²
Building
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
$970,000
2 Feb 2023 · 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
-16.6%
Median sale
Suburb $1,162,500
+0.54 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 RE Hunter Estate AgentsBrimming with character, this delightful weatherboard cottage delivers a flawless fusion of traditional and contemporary design. Built just eight years ago, its pretty façade exudes a timeless charm, while its open-plan interior is ideal for modern-day living. Set on 591sqm on a tree-lined street, this tranquil setting is conveniently moment in shops, schools and transport.
Beautiful interiors await inside showcasing a soothing color palette, polished timber floors and high detailed ceilings. French doors provide an effortless connection to the sun-drenched wrap-around veranda, including from the lounge and dining room. Framed by gorgeous gardens and lawns, this outdoor space is the perfect vantage point to soak up the nearby sweeping semi-rural vistas.
Entertaining is easy with a stylish kitchen featuring a Corian-topped centre island. Fitted with quality appliances, it includes a 900mm Ilve gas cooker plus both an integrated dishwasher and microwave. In addition to the walk-in pantry, there are soft-close drawer storage and display cabinets.
The generously sized bedrooms include a spacious master suite with its own walk-in wardrobe and private bathroom. French doors also open up to the outdoors, adding to the relaxing ambience of this parent retreat. In addition to the second bedroom, there is also a separate office space.
Set on one level with a picturesque country outlook, this enchanting move-in-ready property is an idyllic escape. Close to Central Maitland, it is a short 15-minute drive to Morpeth, a 30-minute drive to the Hunter Valley's famous wineries and 45-minutes to the Newcastle CBD with its famous sandy beaches.
- Pretty-as-a-picture weatherboard home on a 591 sqm block
- 16 Solor panels with battery & mains gas connected
- Established gardens and lawns, north-facing semi-rural outlook
- Flexible open plan layout, plantation shutters, chandelier, downlights
- Generous bedrooms with built-in wardrobes, fans, and air-conditioning
- Internal laundry, instantaneous electric hot water
- Internal access from double garage
- Excellent storage throughout, water tank and underground irrigation
- Zoned for Nillo Infants School (800m) and Bolwarra Public School (2.6km)
- Close to Maitland High School and Hunter Valley Grammar School
- Easy access to local Lorn shops, and a short drive to Green Hills Shopping Centre
Listing description written by Tammy Stuart, RE Hunter Estate Agents — reproduced as published, not verified by Districts.