1/7 Toorak TerraceLorne VIC 3232
Property Details for 1/7 Toorak Tce, Lorne
1/7 Toorak Tce, Lorne is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 2006. The property has a land size of 375m2.
Last Listing description (March 2021)
This stunning architecturally designed low maintenance easy living residence, has spectacular elevated outlook. Featuring expanses of glass, polished timber floors, feature stonework and a wrap around "sky deck".
This residence features 3 spacious bedrooms (WIR and ensuite to master), open kitchen/dining, zoned living space with open fire and quality fittings and finishes in all areas.
Year round comfort is further enhanced with open fire, multiple ceiling fans, reverse cycle heating/cooling and glass sliding doors bringing the outside in.
The spacious elevated outdoor dining and lounging space is an absolute highlight with a double lockup garage and low maintenance landscape
property is available unfurnished on a 12 month lease.
Property History for 1/7 Toorak Tce, Lorne, VIC 3232
- 10 Feb 2021Listed for Rent - Price not available
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0About 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 2,660 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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