OFF MARKET

1 Toorak Terrace
Lorne VIC 3232

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 243m2
Land area: 1027m2
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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.

Building Type
House
Year Built
2001
Floor Size
243m2
Land Size
1027m2
Local Government
Surf Coast
Lot/Plan
1/TP92500

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.

With plenty of sun on offer from a northern orientation and surrounded by natural flora and fauna the only thing that will bother you is the koalas and the kookas!

Property History for 1 Toorak Tce, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Transferred
29 Mar 2012
  • 29 Mar 2012
    Transferred
  • 26 Jul 2009
    Listed for Sale 1320000
  • 10 Feb 2006
    Sold 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 2,635 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.
There are currently 2 properties listed for sale, and no properties listed for rent in Lorne on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Lorne.

Suburb Insights for Lorne 3232

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.