10 Grove RoadLorne VIC 3232
Property Details for 10 Grove Rd, Lorne
Last Listing description (March 2026)
Rarely does an allotment of this magnitude and pedigree present itself in one of Lorne's most coveted enclaves. 10 Grove Road is not simply a coastal allotment; it is a significant landmark site, commanding a prime position that captures the very essence of Louttit Bay and places you withing walking distance of all you need. With breathtaking, expansive views stretching across the coastline, this is a blue-chip holding that defines "Premium"A substantial 934sqm (approx.) land allotment, the property is distinguished by its rare dual-street frontage a logistical dream for any future vision. The strategic value here is unmatched. Whilst Zoned Residential 1- the site is also primed for a high-density development. (STCA per a favourable DDO4 overlay) This site offers a multitude of options for the savvy investor or the visionary homeowner looking to create a legacy estate.The Highlights Scale & Scope: A sprawling 934sqm premium site in the heart of Lorne. Dual Access: Rare dual-street frontage providing seamless entry and architectural flexibility. The View: Uninterrupted and impressive vistas across the iconic Louttit Bay and coastline Development Potential: Zoned Res 1 with DDO4 overlay, allowing for sophisticated higher density design. (Previously approved by Shire)The location is as prime as it gets -offering the perfect balance of elevation and proximity to Lorne's vibrant commercial, dining precinct and patrolled beach.Whether you are looking to landbank or embark on a landmark development, 10 Grove Road represents a brilliant opportunity.This is a chance to secure a significant footprint in a location where land of this calibre is rarely offered.
Property History for 10 Grove Rd, Lorne, VIC 3232
- 26 Feb 2026Listed for Sale $3,695,000
- 23 Dec 2022Listed for Sale CONTACT AGENT
- 07 Apr 2020Listed for Sale Price on Application
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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 2,698 properties. Over the last 5 years, Houses in Lorne have seen a 23.68% increase in median value, while Units have seen a 8.69% increase. As at 31 January 2026:
- The median value for Houses in Lorne is $1,771,968 while the median value for Units is $939,279.
- Houses have a median rent of $650 while Units have a median rent of $490.
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