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Sold on 05 Sep 2024 for $1,545,000

21A Toorak Terrace
Lorne VIC 3232

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 181m2
Land area: 641m2
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Great Ocean Road Real Estate Lorne
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Property Details for 21a Toorak Tce, Lorne

21a Toorak Tce, Lorne is a 3 bedroom, 2 bathroom House and was built in 2005. The property has a land size of 641m2 and floor size of 181m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Lorne in the last 12 months.

Building Type
House
Year Built
2005
Floor Size
181m2
Land Size
641m2
Local Government
Surf Coast
Lot/Plan
2/PS444283

Last Listing description (September 2024)

Crossing over the elevated walkway from the carport to 21A Toorak Terrace instils a sense of arrival and relaxation. Upon entering the upper level of the home into the open plan kitchen, dining, lounge area, looking across to the ocean through the tree frame views creates a calming influence and a place and space to enjoy and entertain. The home comprises 3 bedrooms, 2 bathrooms and a second downstairs living area with a wood heater. Situated on a low maintenance and native landscaped allotment of 641 sqm with multiple decking areas with access from all bedrooms and living areas completes the surprise package.

Property History for 21a Toorak Tce, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$1,545,000
05 Sep 2024
Listed for Rent
$1.12k/w
04 Apr 2008
  • 05 Sep 2024
    Sold for $1,545,000
  • 15 Aug 2024
    Listed for Sale Not Disclosed
  • 18 Mar 2013
    Sold for $770,000
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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 2,649 properties. Over the last 5 years, Houses in Lorne have seen a 95.56% increase in median value, while Units have seen a 37.41% increase. As at 31 August 2024:

  • The median value for Houses in Lorne is $1,978,015 while the median value for Units is $927,154.
  • 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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