81 Otway StreetLorne VIC 3232
Property Details for 81 Otway St, Lorne
81 Otway St, Lorne is a 3 bedroom, 3 bathroom House with 3 parking spaces and was built in 2003. The property has a land size of 662m2 and floor size of 179m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (March 2023)
This cedar home will surprise and impress with its well thought design, outlook and privacy. The spacious open plan kitchen/dining/lounge area opens onto an accommodating deck with a north west orientation capturing year round sun and a serene treed outlook. The home comprises three bedrooms, three bathrooms with a large "teenagers retreat" downstairs. Access to the property by vehicle and foot is effortless, a rare find in Lorne. The 662 sqm allotment is relatively flat, natively landscaped and abuts Shire reserve giving a sense of space and openness.
Further features include; spotted gum flooring, well-appointed kitchen, wood fire, ducted reverse cycle heating/cooling and a large and secure under house storage area.
Surprisingly the house is approximately 600m to the centre of town making everything required within walking distance and 500m to Lorne's famous Mountain to Surf track. A fantastic beach house or permanent home!
Property History for 81 Otway St, Lorne, VIC 3232
- 08 Mar 2023Sold for $1,724,000
- 17 Feb 2023Listed for Sale $1,725,000
- 16 Mar 2002Sold for $225,000
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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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