Contact Agent For Address, Lorne, VIC 3232 | Rural for sale | OnTheHouse
FOR SALE
Sale by Deadline Extended - Contact Agent

Contact Agent For Address
Lorne VIC 3232

Bedrooms: 3
Bathrooms: 2
Car spaces: 104
Land area: 69ha
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"Falls" - An Iconic Lorne & Great Ocean Road Property!

>> SALE BY DEADLINE EXTENDED TO WED 19 MARCH @ 4PM <<
This iconic property will drum up plenty of attention!
A short drive above the coastal township of Lorne on Erskine Falls Road, the 68* hectare / 169* acre, former "Falls Festival" site, consists of 3 lots & 6 titles. Lot 3, the largest parcel located at 985 Erskine Falls Road, was the central hub for the iconic "Falls Festival", the summer music festival pilgrimage that often attracted and housed over 15,000* patrons across multiple days.
Prior to the festival, the property was historically operated as a dairy farm and is currently used to agist livestock, mostly sheep.
Combined, lot 1 through to lot 3 (the main and former "Falls Festival" site) measures 68.55* hectares with 1,004* metres of Erskine Falls Road frontage. The property sits within the Surf Coast Shire jurisdiction and is zoned Rural Conservation (RCZ).
From the road, the property is orientated to the south and has a gentle fall toward the Otway Forest and rear boundary. A picturesque setting, the front portion of the property is cleared and houses most of the site's infrastructure. The southern portion of the property is dissected by the tree-lined and spring fed, Cora Lynne Creek. Overall, the property has a wonderful balance of arable, cleared land and tranquil native forest.
A significant parcel of land measuring 59.01* hectares, lot 3, the former "Falls Festival" site has an even balance of gently undulating cleared land, combined with tranquil Otway Forest vegetation. The property slopes gradually toward the south, with the Otway Forest as a backdrop.
The central hub for the former "Falls Festival", lot 3 includes a significant amount of supporting infrastructure including:
• A 3-bedroom Manager's cottage with an ensuite to the main bedroom, open plan kitchen and living area with an elevated view across the rear of the property toward the Otway Forest.
• A plant and equipment shed complex with 2 enclosed sheds and 2 open bay sheds.
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Property Details for Contact Agent For Address, Lorne

Building Type
Rural
Land Size
69ha
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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 2016 was 1114 people. By 2021 the population was 1327 showing a population growth of 19.1% 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 2021, 70.10% of the homes in Lorne were owner-occupied compared with 65.00% in 2016.

Lorne has 2,696 properties. Over the last 5 years, Houses in Lorne have seen a 30.18% increase in median value, while Units have seen a 37.30% increase. As at 31 October 2025:

  • The median value for Houses in Lorne is $1,714,263 while the median value for Units is $1,050,266.
  • Houses have a median rent of $650 while Units have a median rent of $500.
There are currently 7 properties listed for sale, and no properties listed for rent in Lorne on OnTheHouse. According to Cotality's data, 70 properties were sold in the past 12 months in Lorne.

Suburb Insights for Lorne 3232

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Contact agent
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Jason Hellyer
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Davina Pickles
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Ray White Rural Victoria
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.