985 Erskine Falls Road, Lorne VIC 3232
This property is Off Market
- The Average property price in this area is $1,883,623, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 8.11 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Lorne - Anglesea
With an average age of 50, households expect an average monthly mortgage payment of $2,600 or a weekly rent payment of $300. The average family earns a weekly income of $2,136 with a typical household size of 2.4 and a 101.55% employment rate.
Consistent high demand relative to supply is a key feature in Lorne driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Lorne are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Lorne provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Lorne to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Lorne the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Public Transport
Birregurra
General Points of Interest
Sheoak Falls
Erskine Falls
Lorne Golf Course
Canyon and Phantom Falls Hiking Trail
Phantom Falls
Straw Falls
Pennyroyal Falls
Wymbooliel Falls
Grand Theatre Stage
Historic Tree Log Tram Carriage
Population
(Country of Birth not stated 7%)
Are people healthy?
There are a recorded 773 asthma sufferers and 229 people living with diabetes. In addition, 336 people have a heart/vascular condition and 606 people live with three or more chronic diseases.A good place to invest in property?
Lorne - Anglesea a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
46 / 100
52 / 100
Industry
05 / 100
17 / 100
Population
16 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
27 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsLorne P-12 College
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Deans Marsh Primary School
Deans Marsh, VIC, 3235 State Prep-6
Property Story
985 Erskine Falls Road, Lorne, Vic, 3232 is a residential property . The estimated distance to the sea is 8.11km and 0.07KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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