1/8 Hopetoun TerraceLorne VIC 3232
Property Details for 1/8 Hopetoun Tce, Lorne
1/8 Hopetoun Tce, Lorne is a 5 bedroom, 5 bathroom Unit with 4 parking spaces and was built in 2016. The property has a land size of 374m2. While the property is not currently for sale or for rent, it was last sold in December 2017.
Last Listing description (March 2019)
Set over three levels, this 54 square home offers a space for everyone. With 5 bedrooms, 5.5 bathrooms and multiple indoor and outdoor living zones. The sheer size of the open plan kitchen / dining / lounge area on the mid-level will excite and bring out the entertainer in you. From the 2 Pac kitchen with stone benchtops and European appliances to the bifold doors bringing outside in, the home has a grandiose sense of space.
Lovely ocean and treed aspects are enjoyed from each level. The top level of the home offers 3 ensuited bedrooms with integrated robes and served by a central sitting domain.
On the ground level, a double car garage, 2 bedrooms, 2 floor to ceiling tiled bathrooms, central Laundry and a formal lounge.
Property History for 1/8 Hopetoun Tce, Lorne, VIC 3232
- 27 Dec 2017Sold for $1,070,000
- 22 Nov 2017Listed for Sale $2,100,000
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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 2,635 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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