2/58 Otway StreetLorne VIC 3232
Property Details for 2/58 Otway St, Lorne
2/58 Otway St, Lorne is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 427m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in April 2000.
Last Listing description (November 2024)
Descending the outdoor stairs, discover your perfect retreat in this adorable cedar unit, ideally situated on Otway St, Lorne, yet accessed via Anderson Court for added privacy.The home has been freshly painted with 2 comfortable bedrooms, both carpeted and with BIR's providing ample storage. Enjoy an inviting living space that floods with natural light, and offers bush garden views. The charming outdoor deck area is perfect for morning coffee or evening sunsets, offering a seamless blend of indoor and outdoor living.Just minutes from the main street, with parks, shopping, and dining options on your doorstep, you'll love the convenience of this location.
Property History for 2/58 Otway St, Lorne, VIC 3232
- 10 Oct 2024Listed for Rent - Price not available
- 19 Apr 2000Sold for $210,000
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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 2,658 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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