34 Otway StreetLorne VIC 3232
Property Details for 34 Otway St, Lorne
34 Otway St, Lorne is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 2000. The property has a land size of 435m2 and floor size of 214m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (December 2021)
Location is the key to this central Lorne offering! Leave the car at home and walk to all Lorne has on offer. This family favourite boasts the flexibility of separate family living zones on both levels.
Upper level comprises of light filled, open plan kitchen, living, dining area incorporating wood fire heater, plenty of natural light, all opening to expansive timber deck with the convenience of covered space. 3 bedrooms, 2 bathrooms (Master suite with ensuite).
Lower level, which is separately metered and currently renting on a permanent basis of $350 per week, boasts 2 bedrooms, central bathroom, with open plan kitchen, living and dining area.
34 Otway is one for the larger family or investment savvy!
Property History for 34 Otway St, Lorne, VIC 3232
- 23 Dec 2021Sold for $1,690,000
- 09 Nov 2021Listed for Sale Contact Agent
- 09 Jul 2020Listed for Rent - Price not available
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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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