1/9 Albert StreetLorne VIC 3232
Property Details for 1/9 Albert St, Lorne
1/9 Albert St, Lorne is a 3 bedroom, 2 bathroom Unit and was built in 2000. The property has a land size of 131m2. While the property is not currently for sale or for rent, it was last sold in March 2006.
Last Listing description (November 2024)
A spacious 3 bedroom, 2 bathroom townhouse positioned on the north west corner of a boutique development of only 4 dwellings.
The location is arguably the best Lorne has to offer with sweeping ocean views across Louttit Bay and incredible sunshine all year long. The famous Lorne point surf break is 400m downhill from the front door.
Constructed over 3 levels, with bedrooms and bathrooms on the lower levels and a light filled open plan kitchen/dining/living area on the top level. The upstairs and 2nd level deck have great views plus being on the end, the most privacy and separation from the other houses in the street.
The towering blue gums in this sheltered area of Lorne help create the relaxing holiday ambiance.
Features include ample off street car parking, wood fire heater, split system unit, good storage, ceiling fans and a separate same level entry to the top level.
The property also features permanent or holiday rental potential or an excellent low maintenance, low body corporate leisure home.
Property History for 1/9 Albert St, Lorne, VIC 3232
- 15 Nov 2024Listed for Sale $1,325,000
- 31 Mar 2006Sold for $595,000
- 15 Dec 2005Listed for Sale $595,000
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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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