14 Otway StreetLorne VIC 3232
Property Details for 14 Otway St, Lorne
14 Otway St, Lorne is a 3 bedroom, 1 bathroom House and was built in 1975. The property has a land size of 634m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Lorne in the last 12 months.
Last Listing description (October 2024)
The convenience of this Classic beach house, situated and with effortless access to Mountjoy Parade, short walk to local shops, cafe's & school, eliminating the need for a car. Meticulously maintained, the original home features three bedrooms, one bathroom, and an open-plan kitchen/dining/lounge area, providing a comfortable beach house experience for short to mid-term stay.
Available UNFURNISHED on a 6 Month lease ONLY
Property History for 14 Otway St, Lorne, VIC 3232
- 20 May 2024Listed for Rent $675 / week
- 08 Apr 2024Sold for $1,515,000
- 28 Mar 2024Listed for Sale Not Disclosed
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See more recent sales nearbyAbout 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 75.10% increase in median value, while Units have seen a 48.66% increase. As at 30 September 2024:
- The median value for Houses in Lorne is $2,005,665 while the median value for Units is $954,897.
- Houses have a median rent of $725 while Units have a median rent of $1,029.
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