OFF MARKET

23/3 Bay Street
Lorne VIC 3232

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 37m2
Land area: 11m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 4 Nov 2024
Low
High
Share
Save

Property Details for 23/3 Bay St, Lorne

23/3 Bay St, Lorne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 11m2 and floor size of 37m2. While the property is not currently for sale or for rent, it was last transferred in May 2021.

Building Type
Unit
Year Built
1996
Floor Size
37m2
Land Size
11m2
Local Government
Surf Coast
Lot/Plan
23/PS527454

Last Listing description (April 2014)

LORNE BAY VIEW STUDIO APARTMENT
Freehold self contained studio apartment located in the Lorne Bay view Comfort Inn apartment complex in the absolute heart of town.
The apartment offers full flexibility with the option of leaving it as a lock and leave apartment to utilize as you see fit or appointing the on site management, the choice is yours.

Currently returning 5.1% net, this is a great addition to any portfolio.
Additional feature/s - furnished.

Show More

Property History for 23/3 Bay St, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Transferred
18 May 2021
  • 18 May 2021
    Transferred
  • 25 May 2018
    Sold for $360,000
  • 17 Apr 2014
    Sold for $107,500
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

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.

Lorne Profile Page

Suburb Insights for Lorne 3232

Visit Lorne profile page
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
Visit Lorne profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED