SOLD
Sold on 22 Sep 2023 for $1,095,000

28 Deans Marsh Road
Lorne VIC 3232

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 471m2
Sold By
Michael Coutts
Great Ocean Road Real Estate Lorne
Tyrone Provan
Great Ocean Road Real Estate Lorne
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Property Details for 28 Deans Marsh Rd, Lorne

28 Deans Marsh Rd, Lorne is a 1 bedroom, 1 bathroom House. The property has a land size of 471m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 1 bedroom House sold in Lorne in the last 12 months.

Building Type
House
Land Size
471m2
Local Government
Surf Coast
Lot/Plan
2/LP30974

Last Listing description (February 2024)

An original Lorne 60's beach home with huge potential to renovate, extend or add another level in the future (STCA).

Positioned on a unique triangle shaped 471sqm (approx.) allotment and accessed via a private lane. A hidden gem!

Currently configured as a 1 bedroom, 1 bathroom home with a 2nd sunroom / sleepout zone. The property oozes character, is soaked in sun all day long and boasts an expansive ocean view towards Fairhaven with a location 400 m from the water mark. You can walk everywhere important that Lorne offers.

Features include a wood heater, split system, north facing deck, south facing patio, garden shed, gently sloping land and a holiday rental following to continue to service should you desire.
It's a fully functional charming authentic 'beach pad' in need of a little short term love! A fantastic entry point opportunity.

Property History for 28 Deans Marsh Rd, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$1,095,000
22 Sep 2023
  • 22 Sep 2023
    Sold for $1,095,000
  • 28 Aug 2023
    Listed for Sale $1,195,000

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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.

Suburb Insights for Lorne 3232

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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.