2/48 Polwarth RoadLorne VIC 3232
Property Details for 2/48 Polwarth Rd, Lorne
2/48 Polwarth Rd, Lorne is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1960. The property has a land size of 109m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 3 bedroom Townhouse sold in Lorne in the last 12 months.
Last Listing description (November 2025)
Step into a unique opportunity to own a stylish split-level townhouse that combines relaxed coastal living with serious earning potential. Perfectly positioned with panoramic bay views, this versatile property offers space, comfort and convenience in one of the most sought-after locations. Upstairs features a light filled open plan kitchen/living area and master bedroom, second bedroom, loft bed and bathroom, all designed to take full advantage of the stunning outlook. There is plenty of room for family, guests , or holiday stays. Downstairs is a self contained unit which offers flexible living options-ideal for dual occupancy, guest accommodation or as high-yield rental. Whether you are looking to live in one and lease the other or maximize returns with a short-term stay, this property would be a proven money earner.
Property History for 2/48 Polwarth Rd, Lorne, VIC 3232
- 20 Nov 2025Sold for $792,500
- 14 Oct 2025Listed for Sale Range $792500 to $895000
- 08 Mar 2016Listed for Rent $375 / week
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About Lorne 3232
The size of Lorne is approximately 104.7 square kilometres. It has 13 parks covering nearly 110.1% of total area. The population of Lorne in 2016 was 1114 people. By 2021 the population was 1327 showing a population growth of 19.1% in the area during that time. The predominant age group in Lorne is 60-69 years. Households in Lorne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lorne work in a managers occupation.In 2021, 70.10% of the homes in Lorne were owner-occupied compared with 65.00% in 2016.
Lorne has 2,696 properties. Over the last 5 years, Houses in Lorne have seen a 27.37% increase in median value, while Units have seen a 60.36% increase. As at 30 November 2025:
- The median value for Houses in Lorne is $1,731,370 while the median value for Units is $956,431.
- Houses have a median rent of $650 while Units have a median rent of $500.
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