2/7 Toorak TerraceLorne VIC 3232
Property Details for 2/7 Toorak Tce, Lorne
2/7 Toorak Tce, Lorne is a 4 bedroom, 2 bathroom Townhouse and was built in 2006. The property has a land size of 504m2 and floor size of 197m2. While the property is not currently for sale or for rent, it was last sold in May 2019.
Last Listing description (May 2019)
A stunning Mark Gratwick designed low maintenance easy living residence with a spectacular elevated outlook. Featuring expanses of glass, polished timber floors, feature stonework and a wrap around sky deck.
This prestige residence features 4 spacious bedrooms (WIR and ensuite to master), open kitchen/dining, zoned living space with open fire and quality fittings and finishes in all areas.
Year round comfort is further enhanced with open fire, multiple ceiling fans, reverse cycle heating/cooling and glass sliding doors bringing the outside in.
Property History for 2/7 Toorak Tce, Lorne, VIC 3232
- 21 May 2019Sold for $1,395,000
- 23 Oct 2018Listed for Sale $1,395,000
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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 2,660 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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