OFF MARKET

1/15 Toorak Terrace
Lorne VIC 3232

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Land area: 408m2
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Property Details for 1/15 Toorak Tce, Lorne

1/15 Toorak Tce, Lorne is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 408m2. While the property is not currently for sale or for rent, it was last sold in March 2019.

Building Type
Unit
Year Built
2005
Land Size
408m2
Local Government
Surf Coast
Lot/Plan
1/PS417739

Last Listing description (April 2019)

An immaculately presented beach home with flexible floor plan over 3 levels. Comprising 3 bedrooms, 3 bathrooms, open plan kitchen/living, plus large second living space and extensive decking on 3 levels.
The ocean views have a perfect angle to capture the Erskine River mouth entering Louttit Bay and also enjoy a panoramic vista to Aireys Inlet Lighthouse. Quality views never to be built out.
Sited on a compact 409 sqm block with beautiful blue gums surrounding and an abundance of native birdlife. A very private and special location in Lorne yet only a 2 minute drive from the busy shopping precinct.

Expansive timber windows frame the views and the hardwood flooring throughout is in excellent condition. It's a very well maintained locally built home with a relaxed feel.
Ceiling fans, 2 x split system heating/cooling plus wood heater and excellent internal/external storage complete this property.

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Property History for 1/15 Toorak Tce, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$910,000
14 Mar 2019
Listed for Rent
$340/w
05 Jul 2009
  • 14 Mar 2019
    Sold for $910,000
  • 22 Feb 2019
    Listed for Sale $910,000
  • 27 Nov 2014
    Sold for $763,000
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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 2011 was 1,393 people. By 2016 the population was 1,120 showing a population decline of 19.6% 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 2011, 69.4% of the homes in Lorne were owner-occupied compared with 65% in 2016.

Lorne has 2,649 properties. Over the last 5 years, Houses in Lorne have seen a 95.56% increase in median value, while Units have seen a 37.41% increase. As at 31 August 2024:

  • The median value for Houses in Lorne is $1,978,015 while the median value for Units is $927,154.
  • Houses have a median rent of $725 while Units have a median rent of $1,029.
There are currently 2 properties listed for sale, and no properties listed for rent in Lorne on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Lorne.

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