OFF MARKET

2/14 Summerhills Avenue
Lorne VIC 3232

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 120m2
Land area: 453m2
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Property Details for 2/14 Summerhills Ave, Lorne

2/14 Summerhills Ave, Lorne is a 3 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 1995. The property has a land size of 453m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
Unit
Year Built
1995
Floor Size
120m2
Land Size
453m2
Local Government
Surf Coast
Lot/Plan
2/SP30479

Last Listing description (October 2019)

Situated on a compact 453 sqm block yet still very private and boasting an amazing 180 degree panoramic ocean/Lorne township view. A quality view enjoyed throughout the kitchen/living, master bedroom and sundeck.
Also comprising 3 bedrooms, 2 bathrooms (ensuite to master), single carport with second car space, separate laundry and excellent internal/external storage.
The property has been recently renovated and has a solid holiday rental return over 5 years. We can sell walk in walk out making the transition to personal use or continued rental an easy option.

Other features include split system heating/cooling and bamboo flooring.

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Property History for 2/14 Summerhills Ave, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$870,000
24 Sep 2019
  • 24 Sep 2019
    Sold for $870,000
  • 15 Aug 2019
    Listed for Sale Not Disclosed
  • 28 Feb 2013
    Sold for $650,000
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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 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 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.

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