12 Wallace St, Lorne is a 4 bedroom, 3 bathroom House with 5 parking spaces. The property has a land size of 489m2 and floor size of 214m2. While the property is not currently for sale or for rent, it was last sold in January 2012.
With lovely views of Louttit Bay and coastline towards and incorporating Aireys Lighthouse, framed by towering gum canopies.
The home is set over two levels comprising of 4 bedrooms (2 with ensuite), downstairs rumpus room and a huge contemporary open plan kitchen/dining/lounge area which opens onto a deck running the entire width of the home.
Situated on a native landscaped low maintenance allotment of 490sqm. The property has dual street access from Alsop Street and sits in a prime northern orientated, protected 'nook' of Lorne.
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 27.37% increase in median value, while Units have seen a 60.36% increase. As at 30 November 2025:
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