SOLD
Sold on 07 May 2024 for $1,030,000

14 Minapre Street
Lorne VIC 3232

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 225m2
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Great Ocean Road Real Estate Lorne
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Property Details for 14 Minapre St, Lorne

14 Minapre St, Lorne is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 225m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Lorne in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
53m2
Land Size
225m2
Local Government
Surf Coast
Lot/Plan
1/PS311747

Last Listing description (September 2024)

A unique 225 sqm corner freehold title with three street frontages.

I can't think of another similar block like it in Lorne! Sunny, well positioned to walk to the beach and boasts an epic ocean view.

The compact 2 bedroom, 1 bathroom well maintained 1970's beach home has solid foundations and has been regularly updated by the current owner over the past 20 years.

The north facing deck and open plan kitchen/dining/living soak up the sun all year long, are incredibly sheltered spaces and enjoy lovely expansive ocean views over Louttit Bay.

Currently the property is permanently rented to a fantastic reliable tenant providing you the option in April 2024 to extend the lease should you desire.

Other features include split system heating/cooling, ceiling fans, car port, electric sun awning, same level pedestrian access and under house storage.

An outstanding entry point buying opportunity or downsizing option with the compact easily maintained title.

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Property History for 14 Minapre St, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$1,030,000
07 May 2024
Listed for Rent
$360/w
15 Mar 2018
  • 07 May 2024
    Sold for $1,030,000
  • 17 Dec 2023
    Listed for Sale Not Disclosed
  • 21 Feb 2018
    Listed for Rent - Price not available
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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.
There are currently 3 properties listed for sale, and no properties listed for rent in Lorne on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Lorne.

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