36 Otway StreetLorne VIC 3232
Property Details for 36 Otway St, Lorne
36 Otway St, Lorne is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1985. The property has a land size of 255m2 and floor size of 173m2. While the property is not currently for sale or for rent, it was last sold in February 2017.
Last Listing description (February 2017)
Renovated 4 bedroom, 2 living area, 2 bathroom home in a location prized for its convenience. All Lorne s premier restaurants, retail shops, supermarket and famous foreshore/beach precinct are within a comfortable relatively flat 5 minute walk.
With north facing outdoor decks and living areas on both levels the family can spread out and relax. Fully renovated just 8 years ago by a well respected local builder, the property is immaculate and is as low maintenance as Lorne can offer. Other features include a wood fire heater, split system heating/cooling, ceiling fans and well appointed kitchen. A generous size garage provides all the car and beach gear storage you need. Nothing to do here except relax and enjoy your family leisure time.
Property History for 36 Otway St, Lorne, VIC 3232
- 11 Feb 2017Sold for $850,000
- 22 Dec 2016Listed for Sale Not Disclosed
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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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