SOLD
Sold on 28 Feb 2024 for $1,520,000

18 Waverley Avenue
Lorne VIC 3232

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 162m2
Land area: 484m2
Sold By
Ian Stewart
Great Ocean Road Real Estate Lorne
Karen Stribling
Great Ocean Road Real Estate Lorne
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Property Details for 18 Waverley Ave, Lorne

18 Waverley Ave, Lorne is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 484m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom House sold in Lorne in the last 12 months.

Building Type
House
Floor Size
162m2
Land Size
484m2
Local Government
Surf Coast
Lot/Plan
10/LP23848

Last Listing description (May 2024)

Centrally located 4 bedroom (3rd and 4th elevated lofts) cedar residence that sits so naturally among the towering gums and cul-de-sac treescape. Immaculately presented in neutral beach tones with open kitchen/living/dining plus the benefit of a second living area.

Looking out through the treetops to Louttit Bay and our famous Pier while enjoying the ability to walk to all that is good about Lorne. The open zones, Coonara fire box and multiple outdoor terraces provide all of what is essential in a coastal lifestyle.

The naturally landscaped low maintenance outdoor environment guarantees maximum leisure time and a "lock and leave" lifestyle opportunity.

Property History for 18 Waverley Ave, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$1,520,000
28 Feb 2024
  • 28 Feb 2024
    Sold for $1,520,000
  • 03 Nov 2023
    Listed for Sale Not Disclosed
  • 13 Feb 1991
    Sold for $191,250
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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 2,649 properties. Over the last 5 years, Houses in Lorne have seen a 95.56% increase in median value, while Units have seen a 37.41% increase. As at 31 August 2024:

  • The median value for Houses in Lorne is $1,978,015 while the median value for Units is $927,154.
  • 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, 45 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.