SOLD
Sold on 18 Jan 2024 for $1,675,000

45 Richardson Boulevard
Lorne VIC 3232

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 179m2
Land area: 1384m2
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Property Details for 45 Richardson Bvd, Lorne

Building Type
Commercial
Year Built
1980
Floor Size
179m2
Land Size
1384m2
Local Government
Surf Coast
Lot/Plan
1/TP86877

Last Listing description (October 2023)

The appeal of this beautifully presented property slowly reveals itself upon inspection and the appeal just grows and grows as you inspect. The property consists of two residences set on a substantial 1384sqm (app) allotment that adjoins crown land. A substantial 3BR coastal home that enjoys natural beauty both inside and out, plus the second 1BR dwelling, "The Chapel" provides an excellent rental income developed over many years as well as overflow for the main residence.

The architectural qualities of both dwellings have great appeal and provide an experience that is completely opposite to the urban experience which is exactly what you want in a coastal retreat.

The ability to use the residence as your personal family space and rent 'The Chapel' to provide cash flow is a brilliant feature. 'The Chapel' is quite separate from the residence and was designed by renowned coastal architect David Seeley as one of his early appointments. It is simply a beautiful space. The location offers a hidden sanctuary on the edges of a native gully and walking distance of approx 1km from the centre of Lorne.

Overall the property has enormous appeal, as a very special coastal home with clever architectural qualities and design elements. The three bedrooms and multiple living areas of the residence are spread over three levels allowing everyone the opportunity to find their space. The indoors and outdoors merge through well placed and varying sized glazing throughout both buildings providing wonderful views of the surrounding bush and ocean.

Property History for 45 Richardson Bvd, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$1,675,000
18 Jan 2024
  • 18 Jan 2024
    Sold for $1,675,000
  • 01 Aug 2023
    Listed for Sale $1,750,000 - $1,850,000
  • 28 Dec 2022
    Listed for Sale $2,350,000 - $2,500,000
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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 2,674 properties. Over the last 5 years, Houses in Lorne have seen a 74.90% increase in median value, while Units have seen a 0.63% increase. As at 30 November 2024:

  • The median value for Houses in Lorne is $1,961,771 while the median value for Units is $784,383.
  • 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, 48 properties were sold in the past 12 months in Lorne.

Suburb Insights for Lorne 3232

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Marty Maher
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Michelle Mcdonald
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Great Ocean Properties - Aireys Inlet
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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.