985 Erskine Falls RoadLorne VIC 3232
Property Details for 985 Erskine Falls Rd, Lorne
Last Listing description (March 2024)
. Prized location only 10km from Lorne and the Great Ocean Road, minutes from Erskine Falls tourist destination and brilliantly positioned within the Great Otway National Park providing immense privacy and stunning views with the Cora Lynn Creek meandering through the property.
. Secure a piece of Australian music history with a once-in-a-generation chance to purchase the former home of the Falls Festival.
. The picturesque rural property in the Lorne hinterland has played host to some of the world's biggest music acts since the hugely successful festival first kicked off in 1993 with tens of thousands of festival goers flocking to the New Year's event during its 27-year run at the property.
. Future possibilities at the site are limited only by your imagination, whether it be a wellness retreat nestled in the Great Otway National Park, a creative hub for musicians, school camp or a myriad other opportunities (STCA).
. Existing infrastructure includes the main festival stage, extensive shedding, a large warehouse, office buildings and a three-bedroom farm house at the heart of the undulating property.
. It's rare to find such a large parcel of land in the area, a feature that creates great flexibility for future owners.
Inspect by Appointment.
Conjunctional Agent: Harcourts - North Geelong
Joe Grgic - 0438 328 728
Property History for 985 Erskine Falls Rd, Lorne, VIC 3232
- 09 May 2025Sold for $2,887,500
- 16 Mar 2023Listed for Sale Contact - Andrew Rice
- 17 Sep 2012Sold for $3,455,000
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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 2,696 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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