8 Wallace StreetLorne VIC 3232
Property Details for 8 Wallace St, Lorne
8 Wallace St, Lorne is a 3 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 489m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in September 2011.
Last Listing description (August 2011)
A CLASSIC LORNE BEACH HOUSE
Situated on a low maintenance 490sqm allotment, with a protected northern aspect.
The home is in immaculate condition comprising 3 bedrooms, 2.5 bathrooms, open plan kitchen/dining/lounge area & rumpus/bunkroom downstairs.
Property History for 8 Wallace St, Lorne, VIC 3232
- 01 Sep 2011Sold for $810,000
- 10 Dec 2010Listed for Sale 850000
- 01 Oct 1989Sold for $178,000
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0About 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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