OFF MARKET

9/3 Bay Street
Lorne VIC 3232

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 37m2
Land area: 11m2
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Last updated 28 Oct 2024
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Property Details for 9/3 Bay St, Lorne

9/3 Bay St, Lorne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 11m2 and floor size of 37m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1996
Floor Size
37m2
Land Size
11m2
Local Government
Surf Coast
Lot/Plan
9/PS527454

Property History for 9/3 Bay St, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$440,000
28 Sep 2023
  • 28 Sep 2023
    Sold for $440,000
  • 18 May 2021
    Transferred
  • 07 Jun 2016
    Sold for $235,000
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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 2,635 properties. Over the last 5 years, Houses in Lorne have seen a 75.10% increase in median value, while Units have seen a 48.66% increase. As at 30 September 2024:

  • The median value for Houses in Lorne is $2,005,665 while the median value for Units is $954,897.
  • Houses have a median rent of $725 while Units have a median rent of $1,029.
There are currently 2 properties listed for sale, and no properties listed for rent in Lorne on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Lorne.

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