2/22 Otway StreetLorne VIC 3232
Property Details for 2/22 Otway St, Lorne
2/22 Otway St, Lorne is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 238m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (October 2021)
Situated within the treetop canopies and with effortless access to everything Lorne has to offer this home comprises 2 bedrooms, 1 modern bathroom and a spacious open plan kitchen dining lounge area which flows onto a large, partially covered balcony with a pleasant leafy outlook and a glimpse of blue water. Being sold on a walk in walk out basis certainly adds to the attraction. If you've been searching for a private, low maintenance and fantastically located home, here it is!
Property History for 2/22 Otway St, Lorne, VIC 3232
- 16 Oct 2021Sold for $1,426,000
- 27 Sep 2021Listed for Sale UNDER CONTRACT
- 15 Mar 2015Transferred
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0About 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.
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