OFF MARKET

42 Lorimer Drive
Eastwood VIC 3875

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 124m2
Land area: 1013m2
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Property Details for 42 Lorimer Dr, Eastwood

42 Lorimer Dr, Eastwood is a 3 bedroom, 2 bathroom House and was built in 2018. The property has a land size of 1013m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
House
Year Built
2018
Floor Size
124m2
Land Size
1013m2
Local Government
East Gippsland
Lot/Plan
40/PS616894

Last Listing description (January 2019)

Lot 40, Lorimer Drive comprises of 976m2 block and has an 18.5 metre frontage.
The developers have offered some of the best terms ever offered throughout the years of the development for the final buyers of this pristine land.
"5% Deposit = Balance in 12 months = Interest Free"

With this allotment located in the picked residential areas of Lorimer Drive, Eastwood this is truly a once in a generation opportunity.
This block and the Lot 39 block just beside are both priced to sell at $120,000 each.
Don't regret this opportunity, act now to secure one of these quality residential allotments.

Property History for 42 Lorimer Dr, Eastwood, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$115,000
03 Apr 2018
  • 03 Apr 2018
    Sold for $115,000
  • 02 Aug 2016
    Listed for Sale $145,000
  • 29 Aug 2014
    Listed for Sale FROM $363,400

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About Eastwood 3875

The size of Eastwood is approximately 2.3 square kilometres. It has 11 parks covering nearly 21.7% of total area. The population of Eastwood in 2011 was 1,932 people. By 2016 the population was 2,772 showing a population growth of 43.5% in the area during that time. The predominant age group in Eastwood is 0-9 years. Households in Eastwood are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Eastwood work in a professional occupation. In 2011, 77.7% of the homes in Eastwood were owner-occupied compared with 70.9% in 2016.

Eastwood has 1,378 properties. Over the last 5 years, Houses in Eastwood have seen a 52.83% increase in median value, while Units have seen a 51.99% increase. As at 31 October 2024:

  • The median value for Houses in Eastwood is $585,746 while the median value for Units is $403,225.
  • Houses have a median rent of $500.
There are currently 12 properties listed for sale, and 3 properties listed for rent in Eastwood on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Eastwood.

Suburb Insights for Eastwood 3875

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.