3 Babington LaneLorne VIC 3232
Property Details for 3 Babington Lane, Lorne
3 Babington Lane, Lorne is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 788m2 and floor size of 204m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
Last Listing description (October 2024)
Whether you crave space or serenity, this spacious property caters to all your family's needs. Nestled in a serene, leafy cul-de-sac, a stroll away from town and the main beach, this recently refurbished family haven offers convenience and versatility.
Inside, an expansive open-plan layout boasts a contemporary kitchen, multiple living areas, ample natural light, and the cozy warmth of a Coonara fireplace. Step outside to the undercover alfresco deck, ideal for year-round entertaining or unwinding in the sun while marvelling at the Otway ridge sunsets.
Upstairs, three bedrooms and a central bathroom provide comfortable accommodation, while downstairs features a second living area with a kitchenette, a separate bathroom, and a bedroom with private external access.
Set on a generous 788sqm allotment amidst natural surroundings, the property includes a lock-up garden shed, a carport, dual access, and ample open space for outdoor enjoyment.
Property History for 3 Babington Lane, Lorne, VIC 3232
- 30 Oct 2024Listed for Sale $1,650,000
- 24 Sep 2016Sold for $740,000
- 01 Dec 2015Listed for Sale $760,000
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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 2,660 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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