60 Otway StreetLorne VIC 3232
Property Details for 60 Otway St, Lorne
60 Otway St, Lorne is a 4 bedroom, 2 bathroom House with 6 parking spaces and was built in 1940. The property has a land size of 976m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last sold in January 2012.
Last Listing description (October 2015)
Only minutes to Lorne's main beach and the vibrancy of the restaurants and boutiques of Mountjoy Parade is perched this spacious new home with a picturesque outlook to Louttit Bay.
Enormous flexibility with 4 bedrooms, 2 bathrooms, multiple living areas and private sheltered outdoor alfresco area.
This classic old world style is complimented by the polished bamboo flooring, stainless induction appliances, stone benchtops, wool carpets, heating and cooling.
Property History for 60 Otway St, Lorne, VIC 3232
- 12 Oct 2015Listed for Sale Not Disclosed
- 09 Jan 2012Sold for $1,130,000
- 11 Dec 2010Listed for Sale POA
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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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