SOLD
Sold on 04 Apr 2024 for $1,621,000

7 Dorman Street
Lorne VIC 3232

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 583m2
Sold By
Great Ocean Road Real Estate Lorne
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Property Details for 7 Dorman St, Lorne

7 Dorman St, Lorne is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 583m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Lorne in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
91m2
Land Size
583m2
Local Government
Surf Coast
Lot/Plan
PC380759

Last Listing description (June 2024)

An immaculate 1960's traditional beach house beautifully updated by the current owner of 12 years and kept in great condition to be a popular holiday rental property should you desire.

Proudly sited on a 583 sqm square shaped corner block with a lovely 25m frontage. The land is gently sloping, incredibly sunny all year long and boasts beautiful ocean views. The location is 100m to the beach and an easy walk to all town amenities - essential to a Lorne holiday experience.

A planning permit is in the final stages of completion and could be activated should you desire.

The current dwelling includes 3 bedrooms, 1 bathroom and external sitting areas on three sides of the home. A peaceful and private low maintenance garden awaits at the rear of the property.

The front lounge, sun room, kitchen/dining area steps you back in time, complete with a Jetmaster open fire place, original hardwood flooring and authentic kitchen cabinetry. Modern appliances including a split system air con and glass top cook top enhances your experience.

The home is particularly light and nearly every room enjoys a view over the ocean or pretty garden surrounds.

Vehicle access is easy from either street frontages and one vehicle can be secured under the house in a lock up garage.

Property History for 7 Dorman St, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$1,621,000
04 Apr 2024
  • 04 Apr 2024
    Sold for $1,621,000
  • 17 Mar 2024
    Listed for Sale Not Disclosed
  • 11 Dec 2023
    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, 46 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.