Back 5 Summerhills Avenue
Off Market

5 Summerhills Avenue

Lorne VIC 3232

4
3
2
1019 m²
House
Noni LangdonNoni Langdon, last sold this property on 24 March 2022 after 14 days on market.

Overview

One of Lorne's best views

Offers required by 4th April 2022 Capturing the full arc of Louttit Bay all the way to the Lorne Pier, is really what makes this property stand out from the rest. If watching the waves break on the pristine beach below or listening to the sound of the calming ocean from every room is on your wish list, this could be the beach house for you. Nestled into the north Lorne hillside the position is elevated enough to capture the breath-taking views yet is still only a short stroll to the beach and a flat walk along the beach to the Lorne village shops, cafes and restaurants. This is a genuine strength of the position. The substantial tri-level residence is typical of its era and was designed to capture as much of the stunning view as possible. In many ways the residence is a blank canvas of future potential with the well designed spaces ready for that cosmetic lift to take it into the future. Both the design and the position are worth the effort. Features include 4 generous bedrooms with built in robes and ocean views. The middle level living area is a light filled open plan with kitchen, dining and lounge flowing seamlessly onto the generous outdoor deck perfect for entertaining with that sensational view as a backdrop. A second living area on the lower level and with its large adjoining oceanside sundeck is the suitable for a myriad of uses ranging from summer entertaining to a teenage hangout. Set on a substantial 1019sqm (approx.) allotment with levelled usable spaces to the front and rear. Any future owner will dramatically benefit from any future upgrades as the framework is all in place to make it your ideal coastal home.

Features

4 bedrooms
3 bathrooms
2 carspaces
1019 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Lorne over the last 12 months, the estimated median property value of 5 Summerhills Avenue is $2.25m.

Median value
$2.25m
Estimated value range
$1.35m - $2.95m
Median days on market
57
Estimated value trend
10%
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 5 Summerhills Avenue

2022
Sold
Undisclosed
Private Sale/Treaty on 24 Mar 2022 by Noni Langdon, of Great Ocean Properties Aireys Inlet

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 4 bedroom houses in Lorne

In the last 12 months, 11 four-bedroom houses similar to 5 Summerhills Avenue, have been sold.

This represents a 83% decrease in four-bedroom houses sales when compared to the previous 12 months.

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