Property Details for 129/1-3 Bay St, Lorne
129/1-3 Bay St, Lorne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996.
Last Listing description (August 2017)
Freehold self contained studio apartment located in the Lorne Bay View apartment complex.
Set in the absolute heart of town with car park on title, with the ability of having the apartment fully managed or to lock and leave and utilize as your beachside getaway.
Currently returning an above average return for a Lorne investment property, the property had a net return for the 15/16 financial year of in excess of 7%. A welcome addition to any portfolio.
Property History for 129/1-3 Bay St, Lorne, VIC 3232
- 04 May 2017Listed for Sale Not Disclosed
Commute Calculator
Recent sales nearby
See more recent sales nearby/assets/perm/scmvh46w3yi6nhhdq44ml2x6ve?signature=8d0181a55d21d877f750b74621d5a0aac78e23385c85678bd476e928ff844f3b){kind=logo}
0
/assets/perm/b3zgyw77jai63efzah55ixnl44?signature=47b72f87802161e8c8f168bc1192499169474a6caa785983fe020532801ab1fc){kind=logo}
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.
Suburb Insights for Lorne 3232
Market Insights
Lorne Trends for Houses
N/A
N/A
View TrendN/A
N/A
Lorne Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
