4/5-7 Gwynne Avenue, Lorne, VIC 3232 sold on 23 April 2025 | OnTheHouse
SOLD
Sold on 23 Apr 2025 for $1,770,000

4/5-7 Gwynne Avenue
Lorne VIC 3232

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 178m2
Land area: 450m2
Sold By
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Great Ocean Road Real Estate Lorne
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Property Details for 4/5-7 Gwynne Ave, Lorne

4/5-7 Gwynne Ave, Lorne is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 450m2 and floor size of 178m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 4 bedroom Unit sold in Lorne in the last 12 months.

Building Type
Unit
Floor Size
178m2
Land Size
450m2
Local Government
Surf Coast
Lot/Plan
4/PS425039

Last Listing description (June 2025)

Perfectly positioned just 100 metres from the Erskine River, the Swing Bridge and beach. This immaculately presented, low-maintenance townhouse offers a rare opportunity to enjoy the very best of coastal living-complete with breathtaking ocean views and an immediate income stream.
Set on approximately 450sqm and one of only four in a tightly held beachside complex, the home unfolds over three spacious levels, designed to embrace light, space, and the spectacular coastal outlook. The upper level is the heart of the home, where an open-plan kitchen, dining and living zone is framed by floor-to-ceiling glass, opening onto a sun-drenched deck with panoramic views stretching across Lorne's coastline, township and iconic pier. The stylish kitchen features a large butler's pantry, ideal for both entertaining and everyday living.
The middle level includes the spacious master suite with ensuite, while the lower level offers two additional bedrooms, a central bathroom, and a flexible second living area or optional fourth bedroom that opens to a private outdoor deck with landscaped gardens and fully fenced. Designed for ease and flexibility, the layout caters beautifully to permanent living, holidays, or shared accommodation.

What truly sets this property apart is the inclusion of a fully self-contained, separately metered studio/bedsitter with its own private entrance. Currently tenanted at $300 per week, it provides a consistent rental income or could serve as a guest suite, home office or retreat.
This property's appeal lies not only in its stunning position and ocean views but in its versatility and strong investment potential. Whether you're seeking a permanent residence, an idyllic holiday home, or a smart dual-income investment, this is a rare and tightly held offering in one of Lorne's most enviable locations. Walk to the beach, river, cafes and restaurants-all while enjoying the ease of low-maintenance living in a space designed to make the most of its unbeatable setting.

Property History for 4/5-7 Gwynne Ave, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$1,770,000
23 Apr 2025
  • 23 Apr 2025
    Sold for $1,770,000
  • 17 Apr 2025
    Listed for Sale Not Disclosed
  • 10 May 2006
    Transferred
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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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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.