Back 16A Grove Road
Off Market

16A Grove Road

Lorne VIC 3232

435 m²
Land
Last sold for $1,435,000
Tyrone ProvanTyrone Provan, last sold this property on 25 September 2025 after 58 days on market.

Overview

CENTRAL LOCATION WITH DEVLOPMENT POTENTIAL

A fantastic opportunity to secure a 435sqm vacant allotment right in the heart of town! With an effortless stroll to the bustling commercial precinct with an array of dining and retail options not to mention the safe and pristine beaches of Louttit Bay. The land has a slight ocean aspect and is zoned residential 1 with a design and development overlay, allowing for a dual occupancy development (S.T.C.A.) A flat corner allotment adds to the appeal with ease of access and construction. However you choose to develop this prized parcel of land, do so with the peace of mind that the value is underpinned by the sensational location!

Features

435 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Lorne over the last 12 months, the estimated median property value of 16A Grove Road is $1.44m.

Median value
$1.44m
Estimated value range
$1.44m - $1.44m
Median days on market
187
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lorne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16A Grove Road

2025
Sold
$1,435,000
Private Sale/Treaty on 25 Sep 2025 by Tyrone Provan, of Great Ocean Road Real Estate Lorne

Happy sellers in Lorne

54%
54% of sellers in Lorne reported that their sale price either exceeded or met their price expectations.

Lorne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Lorne over the last 12 months.

Local market activity for land plots in Lorne

In the last 12 months, 4 land plots similar to 16A Grove Road, have been sold.

This represents a 150% decrease in land plots sales when compared to the previous 12 months.

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