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Sold on 16 Oct 2024 for $695,000

124F/148-174 Mountjoy Parade
Lorne VIC 3232

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 11600m2
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Great Ocean Road Real Estate Lorne
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Property Details for 124f/148-174 Mountjoy Pde, Lorne

124f/148-174 Mountjoy Pde, Lorne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 11600m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Lorne in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
93m2
Land Size
11600m2
Local Government
Surf Coast
Lot/Plan
F124/PS608168

Last Listing description (November 2024)

Located within the iconic Cumberland Lorne Resort and boasting a recent internal renovation and cosmetic upgrade. This immaculate two bedroom, one bathroom, strata title apartment presents as a fabulous family option whether it be for holiday use or permanent living.This spacious self-contained unit boasts a functional galley kitchen with all new appliances, light filled living and dining space opening to undercover and private deck space incorporating garden views.Two well-proportioned bedrooms with separate modern bathroom and laundry facility.Full use of resort facilities including indoor pool, spa, sauna, gymnasium, tennis courts, squash courts and outdoor BBQ area. With a solid rental history and flexible usage arrangements, beachside living does not get much easier!

Property History for 124f/148-174 Mountjoy Pde, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$695,000
16 Oct 2024
  • 16 Oct 2024
    Sold for $695,000
  • 09 Aug 2024
    Listed for Sale $695,000
  • 16 Feb 2024
    Listed for Sale Not Disclosed
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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 2,674 properties. Over the last 5 years, Houses in Lorne have seen a 74.90% increase in median value, while Units have seen a 0.63% increase. As at 30 November 2024:

  • The median value for Houses in Lorne is $1,961,771 while the median value for Units is $784,383.
  • 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, 48 properties were sold in the past 12 months in Lorne.

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