5/12 Lascelles Terrace, Lorne, VIC 3232 | Property Value & History | OnTheHouse
OFF MARKET

5/12 Lascelles Terrace
Lorne VIC 3232

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Floor area: 241m2
Land area: 788m2
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Property Details for 5/12 Lascelles Tce, Lorne

5/12 Lascelles Tce, Lorne is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 2005. The property has a land size of 788m2 and floor size of 241m2. While the property is not currently for sale or for rent, it was last sold in January 2018.

Building Type
House
Year Built
2005
Floor Size
241m2
Land Size
788m2
Local Government
Surf Coast
Lot/Plan
5/PS443087

Last Listing description (March 2026)

Tucked away in a quiet, leafy cul-de-sac, this sprawling three-level family home offers flexible family living in a peaceful setting. Whether you prefer an early morning surf or a round of golf, 5/12 Lascelles Terrace puts you close to the best of the local lifestyle.Entry from the undercover double carport that leads directly to the mid living level, where polished timber floors flow through a light-filled open plan kitchen, living and dining area. The living space warmed by wood fire, flows out to a generous wraparound timber deck, creating an ideal spot for outdoor entertaining or simply enjoying the leafy surrounds. The kitchen is practical and well positioned, with plenty of natural light and good workspace.Upstairs are three bedrooms, all with built-in robes, master opening onto its own private deck with views across the nearby golf links. The central bathroom features a corner spa, while a second Master suite is located on the mid-level provides the option of a fifth bedroom, home office all with private bathroom.The lower level offers a fully secure and self-contained bedsit complete with kitchenette, bathroom, private deck and own undercover carport. Currently leased to a long-term tenant, it provides immediate income or could easily suit extended family or independent living.Adding further versatility is the enormous studio pace, ideal for storage, a teenage retreat or hobby area.5/12 is a fabulous large, functional family home with multiple living options, all set in a quiet pocket close to the coast.

Property History for 5/12 Lascelles Tce, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$885,000
29 Jan 2018
  • 13 Mar 2026
    Listed for Sale $1,800,000
  • 29 Jan 2018
    Sold for $885,000
  • 25 Nov 2016
    Listed for Sale $895,000 - $925,000
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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 2,699 properties. Over the last 5 years, Houses in Lorne have seen a 20.62% increase in median value, while Units have seen a 20.21% increase. As at 31 March 2026:

  • The median value for Houses in Lorne is $1,844,737 while the median value for Units is $1,075,560.
  • Houses have a median rent of $650 while Units have a median rent of $488.
There are currently 8 properties listed for sale, and no properties listed for rent in Lorne on OnTheHouse. According to Cotality's data, 69 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.