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 2,635 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.
There are currently 2 properties listed for sale, and no properties listed for rent in Lorne on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Lorne.

Suburb Insights for Lorne 3232

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.