OFF MARKET

4/59 Great Ocean Road
Lorne VIC 3232

Bedrooms: 2
Bathrooms: 2
Car spaces: 3
Floor area: 118m2
Land area: 140m2
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Last updated 18 Nov 2024
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Property Details for 4/59 Great Ocean Rd, Lorne

4/59 Great Ocean Rd, Lorne is a 2 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 2005. The property has a land size of 140m2 and floor size of 118m2.

Building Type
Unit
Year Built
2005
Floor Size
118m2
Land Size
140m2
Local Government
Surf Coast

Last Listing description (January 2017)

A beautifully maintained front row unit with expansive views never to be built out.
Comprising 2 bedrooms, 2 bathrooms, one of which is an ensuite, open plan kitchen/dining, separate laundry, under cover car park plus the availability of a 2nd car space for owners use if required and ample storage.
Pristine ocean, beach, Lorne Pier and Aireys Inlet Lighthouse views are enjoyed throughout the living area, master bedroom and of course large deck. Quality views forever!

The location provides the opportunity to be swimming in 90 seconds at the adjacent Doble Street beach. Alternatively, enjoy a coffee at the Swing Bridge Cafe or walk to the supermarket in five minutes.
The solid brick unit complex of four dwellings has low body corporate fees and are well spaced out on the generous sized site. This dwelling has been updated during the current vendor s 23 years of ownership (kitchen, split system, hot outdoor beach shower, carpets and painting) and presents in perfect working order.
Location, views, rent-ability and a neat functional property should command your attention.

Property History for 4/59 Great Ocean Rd, Lorne, VIC 3232

A timeline of how this property has performed in the market
  • 22 Nov 2016
    Listed 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.
There are currently 3 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.