SOLD
Sold on 28 Mar 2024 for $790,655

11/22-28 Mountjoy Parade
Lorne VIC 3232

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 83m2
Sold By
Smyth Real Estate Lorne
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Property Details for 11/22-28 Mountjoy Pde, Lorne

11/22-28 Mountjoy Pde, Lorne is a 2 bedroom, 2 bathroom Unit and was built in 1998. The property has a floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Lorne in the last 12 months.

Building Type
Unit
Year Built
1998
Floor Size
83m2
Local Government
Surf Coast
Lot/Plan
11/PS419092

Last Listing description (April 2024)

Located in the heart of the township we offer for sale this affordable and attractive beach apartment and within walking distance to all Lorne has to offer, including supermarket, majestic main surf beach, shopping promenade and Lorne Hotel, just park the car and forget!
A spacious and practical apartment design with open plan kitchen/living, three bedrooms (two are mezzanine, two bathrooms. The apartment has underfloor insulation, lofty ceilings, built robes, split system air conditioning and European Smeg Appliances. We also have a spacious deck and storage areas and car park.

Property History for 11/22-28 Mountjoy Pde, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$790,655
28 Mar 2024
  • 28 Mar 2024
    Sold for $790,655
  • 09 Mar 2024
    Listed for Sale $700,000-$770,000
  • 05 Nov 2007
    Sold for $385,000
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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 2011 was 1,393 people. By 2016 the population was 1,120 showing a population decline of 19.6% 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 2011, 69.4% of the homes in Lorne were owner-occupied compared with 65% in 2016.

Lorne has 2,660 properties. Over the last 5 years, Houses in Lorne have seen a 81.55% increase in median value, while Units have seen a 23.08% increase. As at 31 October 2024:

  • The median value for Houses in Lorne is $1,962,636 while the median value for Units is $947,506.
  • Houses have a median rent of $725 while Units have a median rent of $1,029.
There are currently 3 properties listed for sale, and no properties listed for rent in Lorne on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Lorne.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.