SOLD
Sold on 03 Mar 2024 for $2,500,000

14 Waverley Avenue
Lorne VIC 3232

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 234m2
Land area: 875m2
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Property Details for 14 Waverley Ave, Lorne

14 Waverley Ave, Lorne is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 875m2 and floor size of 234m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Lorne in the last 12 months.

Building Type
House
Year Built
2005
Floor Size
234m2
Land Size
875m2
Local Government
Surf Coast
Lot/Plan
8/LP23848

Property History for 14 Waverley Ave, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$2,500,000
03 Mar 2024
  • 03 Mar 2024
    Sold for $2,500,000
  • 27 Oct 2009
    Sold for $1,550,250
  • 31 Jan 1999
    Sold for $248,000

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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 2,660 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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