SOLD
Sold on 04 Apr 2024 for $420,000

70 Lorimer Drive
Eastwood VIC 3875

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1357m2
Land area: 1357m2
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Property Details for 70 Lorimer Dr, Eastwood

70 Lorimer Dr, Eastwood is a 0 bedroom, 0 bathroom House. The property has a land size of 1357m2 and floor size of 1357m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 0 bedroom House sold in Eastwood in the last 12 months.

Building Type
House
Floor Size
1357m2
Land Size
1357m2
Local Government
East Gippsland
Lot/Plan
26/PS616894

Last Listing description (June 2024)

70 Lorimer Drive, an elevated north-facing allotment of 1,357 sqm (approx.) features a wide street frontage and the perfect site allowing you to design and build your dream home with a location second to none in the current Eastwood land market. This may be your last chance to secure a large lot in the Eastwood Estate.

With an outlook of the reserve to the north, enjoy the quiet neighbourhood in a quality estate with all services available including natural gas, and within close proximity to the Eastwood Shopping Centre, primary school, and the expansive walking tracks.

In addition, there is also potential for the investor with over 1300m2 of land in the perfect location for multiple units (STCA)

The perfect place to create the lifestyle you've been dreaming about.

View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

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Property History for 70 Lorimer Dr, Eastwood, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$420,000
04 Apr 2024
  • 04 Apr 2024
    Sold for $420,000
  • 06 Mar 2024
    Listed for Sale Not Disclosed
  • 12 Jan 2011
    Sold for $145,000

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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 49.62% increase in median value, while Units have seen a 61.64% increase. As at 30 November 2024:

  • The median value for Houses in Eastwood is $573,222 while the median value for Units is $351,689.
  • Houses have a median rent of $520.
There are currently 14 properties listed for sale, and 3 properties listed for rent in Eastwood on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Eastwood.

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