29 Summerhills AvenueLorne VIC 3232
Property Details for 29 Summerhills Ave, Lorne
29 Summerhills Ave, Lorne is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 767m2 and floor size of 216m2. While the property is not currently for sale or for rent, it was last sold in February 2010.
Last Listing description (March 2010)
BREATHTAKING VIEWS, UNIQUE OPPORTUNITY
SET HIGH ATOP NORTH LORNE, THIS SUPERB PROPERTY HAS UNINTERRUPTED, 180 DEGREE VIEWS OF LOUTTIT BAY, THE ENTIRE STRETCH OF THE MAIN BEACH, LORNE PIER AND ACROSS TO THE OTWAY€™S.
THE HOME COMPRISES 5 BEDROOMS (MOST WITH OCEAN VIEWS), 2 BATHROOMS AND 2 SPACIOUS LIVING AREAS BOTH SPILLING OUT ONTO LARGE DECKS. UPSTAIRS HAS AN OPEN FIREPLACE AND FULLY EQUIPPED KITCHEN AND DOWNSTAIRS HAS A SEMI SELF CONTAINED AREA, THE IDEAL TEENAGERS RETREAT!
THE HOME HAS BEEN A POPULAR HOLIDAY RENTAL WITH RETURN CLIENTELE, AND IS VERY TASTEFULLY FURNISHED THROUGHOUT AND BEING SOLD ON A WI/WO BASIS.
Property History for 29 Summerhills Ave, Lorne, VIC 3232
- 09 Feb 2010Sold for $1,425,000
- 16 Mar 2009Listed for Sale 1425000
- 29 Jan 1998Sold for $165,000
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0About 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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