OFF MARKET

1/4 Fern Avenue
Lorne VIC 3232

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 276m2
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Property Details for 1/4 Fern Ave, Lorne

1/4 Fern Ave, Lorne is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 276m2. While the property is not currently for sale or for rent, it was last sold in July 2012.

Building Type
Unit
Year Built
2000
Land Size
276m2
Local Government
Surf Coast
Lot/Plan
1/PS432577

Last Listing description (July 2012)

SPACE AND POSITION
Located a stone's throw away from the shops, cafes, restaurants, parks and patrolled beach, a modern low maintenance two storey town house for your consideration.
Comprising; 4 bedrooms, 2 bathrooms, an open plan kitchen/dining/lounge area which opens to a large private balcony with ocean views.

Being sold on a WI/WO basis, the home is a strong performing holiday rental, due to its accommodation.
No need for the car here, take advantage of a great holiday property in an enviable locale.
Other features include; wood heater, reverse cycle system, landscaped garden area and double car port.
Additional feature/s - balcony/patio/terrace.

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Property History for 1/4 Fern Ave, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$800,000
12 Jul 2012
  • 12 Jul 2012
    Sold for $800,000
  • 28 Oct 2011
    Listed for Sale 995000
  • 09 Apr 2010
    Sold for $1,300,000
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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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