143a/35 Mountjoy Pde, Lorne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998.
This recently refurbished one bedroom fully self-contained apartment, has a totally private north facing balcony. For the last 2 years the apartment has had a net return of in excess of 3%. For the 2015/16 financial year the current owners occupied the apartment for approximately one month. A leasehold interest, fully managed by Mantra. Owner usage of up to 8 weeks p.a. with full use of resort facilities. With owner car park at the doorstep and 3 storage areas included, at this price a very affordable weekender.
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:
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