12 Wallace StreetLorne VIC 3232
Property Details for 12 Wallace St, Lorne
12 Wallace St, Lorne is a 4 bedroom, 3 bathroom House with 5 parking spaces. The property has a land size of 489m2 and floor size of 214m2. While the property is not currently for sale or for rent, it was last sold in January 2012.
Last Listing description (October 2015)
With lovely views of Louttit Bay and coastline towards and incorporating Aireys Lighthouse, framed by towering gum canopies.
The home is set over two levels comprising of 4 bedrooms (2 with ensuite), downstairs rumpus room and a huge contemporary open plan kitchen/dining/lounge area which opens onto a deck running the entire width of the home.
Situated on a native landscaped low maintenance allotment of 490sqm. The property has dual street access from Alsop Street and sits in a prime northern orientated, protected 'nook' of Lorne.
Property History for 12 Wallace St, Lorne, VIC 3232
- 12 Oct 2015Listed for Sale Not Disclosed
- 29 Jan 2012Sold for $1,200,000
- 27 Nov 2010Listed for Sale 1300000
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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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