1/7 George StreetLorne VIC 3232
Property Details for 1/7 George St, Lorne
1/7 George St, Lorne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 288m2. While the property is not currently for sale or for rent, it was last sold in February 2016.
Last Listing description (February 2016)
Immaculate 3 bedroom 2 bathroom cedar clad residence with northern orientation and fantastic coastline views that can never be built out.
Excellent floor plan providing both master bedroom plus ensuite and open plan kitchen/living/dining with ocean and coastline views.
North facing and positioned on the ridge ensures all day sunshine and a home filled with natural light.
Ducted heating and cooling plus undercover parking for one vehicle.
2 off street car parks - 1 undercover
Property History for 1/7 George St, Lorne, VIC 3232
- 09 Feb 2016Sold for $703,500
- 14 Jan 2015Listed for Sale $795,000
- 24 Jul 2014Transferred
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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 2,635 properties. Over the last 5 years, Houses in Lorne have seen a 81.55% increase in median value, while Units have seen a 23.08% increase. As at 31 October 2024:
- The median value for Houses in Lorne is $1,962,636 while the median value for Units is $947,506.
- Houses have a median rent of $725 while Units have a median rent of $1,029.
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