96 Otway StreetLorne VIC 3232
Property Details for 96 Otway St, Lorne
96 Otway St, Lorne is a 3 bedroom, 2 bathroom House and was built in 1960. The property has a land size of 557m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
Last Listing description (October 2024)
Brimming with charisma, this meticulously maintained weatherboard home offers the ideal low-maintenance coastal lifestyle. Set on a single level with seamless access from the front entrance, it boasts three generously sized bedrooms, including master with a spacious ensuite and walk-in robe. The light-filled, open-plan living area creates a welcoming, airy atmosphere, with double-glazed bifold doors opening onto a north-facing deck-a true suntrap perfect for relaxed entertaining. Positioned on a flat 558 sqm block, this inviting beach house enjoys direct views of the serene state forest, enhancing the peaceful, ambient setting.
Thoughtfully designed and impeccably cared for, this home ticks all the boxes, ready for you to move in and start enjoying the best of coastal living.
Currently thriving as a popular holiday rental, it offers an excellent opportunity for additional income, with loyal return guests drawn to its undeniable charm.
Property History for 96 Otway St, Lorne, VIC 3232
- 03 Oct 2024Listed for Sale $1,425,000
- 20 Sep 2020Sold for $1,125,000
- 14 Sep 2020Listed for Sale $1,125,000
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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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