40 Richardson BoulevardLorne VIC 3232
Property Details for 40 Richardson Bvd, Lorne
Last Listing description (August 2020)
With stunning ocean views over the iconic Loutitt Bay, this substantial 780sqm (app) allotment represents an excellent opportunity for those who have a vision to build their dream coastal escape. The property enjoys a relatively gentle gradient in the context of Lorne and this includes excellent access of Richardson Boulevard which provides flexibility of access for any future designs. The location is a comfortable walking distance to Lornes beaches, popular cafes and restaurants. Services available include mains water, sewer and power. The allotment is available at $650,000 and with very little land left in Lorne this represents an opportunity that's getting rarer and rarer.
Property History for 40 Richardson Bvd, Lorne, VIC 3232
- 15 Jul 2020Sold for $640,000
- 20 Jan 2020Listed for Sale $650,000
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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 27.37% increase in median value, while Units have seen a 60.36% increase. As at 30 November 2025:
- The median value for Houses in Lorne is $1,731,370 while the median value for Units is $956,431.
- Houses have a median rent of $650 while Units have a median rent of $500.
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