1125 Erskine Falls Road, Lorne, VIC 3232 | Property Value & History | OnTheHouse
OFF MARKET

1125 Erskine Falls Road
Lorne VIC 3232

Bedrooms: 7
Bathrooms: 5
Car spaces: 4
Land area: 233490m2
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Property Details for 1125 Erskine Falls Rd, Lorne

1125 Erskine Falls Rd, Lorne is a 7 bedroom, 5 bathroom House with 4 parking spaces. The property has a land size of 233490m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Land Size
233490m2
Local Government
Surf Coast
Lot/Plan
30A~5/PP3015

Last Listing description (May 2023)

Otway Homestead is the quintessential country retreat that offers those who live here a life of peace and privacy in a gorgeous setting. The sprawling 59-acre block features a mix of lush lawns and blends into the forest, as well as an expansive home that is positioned on an elevated section to make the most of the spectacular views. The open-plan and light-filled home features a large eat-in kitchen, as well as sprawling living spaces to relax in. There are 6 bedrooms to accommodate all your guests, as well as three charming fireplaces to warm up the home. An attached indoor pool area enhances the spacious feel, and with walls of windows to frame the country views, this is sure to be a much-loved part of the home. Offered with a separate cottage that features many more beds, a bathroom and a kitchenette area. There are two large sheds also on offer that could be adapted to suit your needs, as well as a large dam close to the main house. Currently the homestead produces a solid return mainly being leased over the weekends with further scope to grow the income through the rest of the week. The rustic country appeal also offers scope to spruce up the home to make it yours in this tranquil setting. Nestled in the Otway National Park with several sets of waterfalls close by and merely 10 minutes from the beautiful Lorne foreshore and activity area and only just over an hour from Geelong, this idyllic setting awaits the savvy buyer.

Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist

Property History for 1125 Erskine Falls Rd, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$2,250,000
21 Mar 2023
  • 20 Apr 2023
    Listed for Sale Contact Agent
  • 21 Mar 2023
    Sold for $2,250,000
  • 03 Jan 2023
    Listed for Sale Contact Agent
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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 2,697 properties. Over the last 5 years, Houses in Lorne have seen a 24.08% increase in median value, while Units have seen a 10.34% increase. As at 28 February 2026:

  • The median value for Houses in Lorne is $1,845,078 while the median value for Units is $992,356.
  • 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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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.