OFF MARKET

2 Waverley Avenue
Lorne VIC 3232

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Floor area: 209m2
Land area: 728m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 4 Nov 2024
Low

High
Save

Property Details for 2 Waverley Ave, Lorne

2 Waverley Ave, Lorne is a 5 bedroom, 2 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 728m2 and floor size of 209m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
1960
Floor Size
209m2
Land Size
728m2
Local Government
Surf Coast
Lot/Plan
2/LP23848

Last Listing description (April 2023)

Immaculate multi dimensional residence that currently sites two adjoining self contained homes while presenting the opportunity for a 5 bedroom residence. A must see for a discerning buyer looking for a large residence for generations of family members, a coastal entertainer that sleeps many or a dual income investment/staff accommodation opportunity this is it!

When location is everything sited between the swing bridge and supermarket and spectacular ocean and river views are offered, this immaculate coastal lifestyle residence is coming your way. Walking to all Lorne has to offer is a daily routine and the double lock up garage security for your vehicles.

A consistent theme across both residences is the use of cedar lining, polished timber floors, slate and expanses of glass exposing the outlook over Louttit Bay to the pier and beyond. The low maintenance brick residence is tastefully landscaped to every corner ensuring maintenance is kept to a minimum.

The front residence features two bedrooms, and the rear three and both are separately metered for those that need it. The consistency of construction, fittings and finishes, it is ideal for those wanting the bigger home. With secluded outdoor areas on each level, an outdoor teenagers bungalow, garden shed and BBQ area, nothing has been overlooked.

Property History for 2 Waverley Ave, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$2,309,000
08 Apr 2023
  • 08 Apr 2023
    Sold for $2,309,000
  • 10 Mar 2023
    Listed for Sale Executors Auction Sat 8 April at 12pm
  • 14 Dec 1984
    Sold for $80,000

Commute Calculator

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.

Suburb Insights for Lorne 3232

Market Insights
Lorne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Lorne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.