FOR SALE
$1,075,000 to $1,125,000

79 Lorne Street
Fawkner VIC 3060

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 907m2
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Marvellous Corner Property

With over 21 metres of Lorne Street frontage and almost 43 metres of Berry Street frontage, resulting in approximately 907 square metres of prime Merri-bek land, it's absolutely one of the best corner sites offered in Fawkner this century!
As it currently includes a comfortable 3 bedroom brick veneer home, you can retain it & develop at the rear or completely start fresh (S.T.C.A).
There are plenty of options available here (S.T.C.A) which will appeal to townhouse developers, dual occupancy builders plus NDIS developers / providers.
Only 800 metres from Fawkner train station, handy to Merlynston Village, the Merri Creek trail and Bonwick Street shopping.
Disclaimer:
MESSAGE TO BUYERS –
ALL properties are advertised at GENUINE PRICES. Please understand that there is often more than one buyer interested in the same property. When that happens, all buyers will be given EQUAL OPPORTUNITY TO MAKE THEIR BEST OFFERS, VIA A SEALED BID.
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Property Details for 79 Lorne St, Fawkner

79 Lorne St, Fawkner is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 907m2. The place is currently for sale with Lewis Realty Pty Ltd - COBURG.

Building Type
House
Year Built
1950
Land Size
907m2

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About Fawkner 3060

The size of Fawkner is approximately 5.3 square kilometres. It has 12 parks covering nearly 15.1% of total area. The population of Fawkner in 2011 was 12,596 people. By 2016 the population was 14,044 showing a population growth of 11.5% in the area during that time. The predominant age group in Fawkner is 30-39 years. Households in Fawkner are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fawkner work in a professional occupation. In 2011, 71% of the homes in Fawkner were owner-occupied compared with 66.7% in 2016.

Fawkner has 6,399 properties. Over the last 5 years, Houses in Fawkner have seen a 18.03% increase in median value, while Units have seen a 26.98% increase. As at 31 August 2024:

  • The median value for Houses in Fawkner is $758,740 while the median value for Units is $584,412.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 34 properties listed for sale, and 14 properties listed for rent in Fawkner on OnTheHouse. According to CoreLogic's data, 263 properties were sold in the past 12 months in Fawkner.

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Lewis Realty Pty Ltd - COBURG
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