1 Toorak TerraceLorne VIC 3232
Property Details for 1 Toorak Tce, Lorne
1 Toorak Tce, Lorne is a 4 bedroom, 1 bathroom House and was built in 2001. The property has a land size of 1027m2 and floor size of 243m2. While the property is not currently for sale or for rent, it was last transferred in March 2012.
Last Listing description (July 2009)
RARE AND UNIQUE ACREAGE IN CENTRAL LORNE
This 25 acre (approx) allotment of natural bushland perched above the Lorne township would have to be one of the most unique parcels of coastal real estate in Victoria, being only 10 minutes walk to the town centre.
Zoned rural conservation the land presents a rare opportunity to create a private rural retreat with wonderful ocean views within walking distance to a vibrant coastal retail strip.
Property History for 1 Toorak Tce, Lorne, VIC 3232
- 29 Mar 2012Transferred
- 26 Jul 2009Listed for Sale 1320000
- 10 Feb 2006Sold for $590,000
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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 2,660 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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