94 Belmore Road Lorn NSW 2320

4 / 2 / 3 / 641 m²

For Sale

$1.55M to $1.65M

LJ Hooker Maitland

Here you can find what you need to know about 94 Belmore Road , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Lorn, NSW and much more.

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94 Belmore Road Estimated Value

$800,000 - $900,000

Medium confidence estimate
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Last sold for $310,000 on 19 Nov 2019

Sale Type: Unknown

This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated Rent	Upgrade to Premium
Gross Cashflow	Unavailable
Estimated Gross Yield	Upgrade to Premium
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Pros & Cons

Things to like

Above market cashflow potential
Cheaper than comparable properties
Low risk of losing value

Things to look out for

Slower growth than market average

Investment Strategy Scores

No Investor Scores available for this property

About this Property

Details

Bedrooms	4
Bathrooms	2
Car Spaces	3
Land Size	641 m²
Floor Area	214 m²
House Type	House: One Storey / Lowset

Council Area	Maitland
Year Built	2021
Zone	n/a
Lot/Plan	1/DP1243806 Lorn NSW
Property Type	House

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Neighbourhood

Suburb Insights

Lorn, NSW 2320

Part of: Maitland Council

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Lorn, NSW 2320

Part of: Maitland Council No data available

The size of Lorn is approximately 4.6 square kilometres. It has 4 parks covering nearly 2.9% of total area. The population of Lorn in 2011 was 1,263 people. By 2016 the population was 1,350 showing a population growth of 6.9% in the area during that time. The predominant age group in Lorn is 40-49 years. Households in Lorn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lorn work in a professional occupation. In 2011, 79% of the homes in Lorn were owner-occupied compared with 79.2% in 2016. (source: Australian Bureau of Statistics)

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Lorn, NSW 2320

Part of: Maitland Council No data available

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130 km

Distance from Sydney CBD

Population

5 year population change

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Lorn for Houses in last 12 months

Last 12 months in Lorn NSW 2320 View Suburb Profile

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$905K Median Value
39 Properties sold
$640pw Median Rent
3.6% Median Gross Yield
96 Average Days on Market
-5.2% Average Vendor Discount
13.4% Median Sale Price Change (1yr)

There have been 39 Houses sold in Lorn in the past 12 months with a median sale price of $1M, up 13.4% annually. It takes on average 96 days to sell with vendor discounting of -5.2%.

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Contains property sales information provided under licence from the Valuer General New South Wales. RP Data Pty Ltd trading as CoreLogic Asia Pacific is authorised as a Property Sales Information provider by the Valuer General New South Wales.

Natural Hazard Risk

Any hazard data or information is generated from a mathematical model using available statistical and property data and must not be relied upon as an accurate forecast of property hazard risk (Hazard Data). Hazard Data is indicative only and not intended to replace obtaining specific professional advice in relation to such information. Any Hazard Data does not take into account all matters that may be relevant for determining relevant hazards, and the recipient acknowledges and accepts:

it is not based on any site-specific geological or engineering investigation at the relevant property;
the Hazard Data is not a geological or engineering report for a property and does not replace the need for a site inspection in relation to issues relating to geological, foundation, or other hazard-related conditions at the relevant property; and
the information and data contained in the Hazard Data has been obtained from a variety of third party sources and does not specifically originate from CoreLogic.

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Risk Rating Definitions

The following Risk Ratings are generated from a mathematical model using available statistical and property data and must not be relied upon as an accurate forecast of coastal erosion risk:

Very High Risk : Risk of gradual coastal erosion reaching dwelling within 30 years and/or very high risk of significant storm surge impact.
High Risk : Risk of gradual coastal erosion reaching dwelling within 60 years and/or high risk of significant storm surge impact.
Medium Risk : Risk of gradual coastal erosion reaching dwelling within 120 years and/or medium risk of significant storm surge impact.
Low Risk : Risk of gradual coastal erosion reaching dwelling within 240 years and/or low risk of significant storm surge impact.
No Risk : Gradual coastal erosion likely to reach dwelling in more than 240 years OR no rate of retreat (stable coastline) and distance from coast and/or elevation above maximum expected storm surge height.

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