2/118 Mountjoy ParadeLorne VIC 3232
Property Details for 2/118 Mountjoy Pde, Lorne
2/118 Mountjoy Pde, Lorne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 655m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in December 2018.
Last Listing description (January 2019)
Summer indulgence is complete as you relax on the private deck of this immaculate town centre, holiday apartment. A stones throw from Lornes main beach, hear and see the sand lap the front beach!
Located within the main street is this spacious, 2 bedroom, 2 bathroom apartment. Open plan kitchen, living, dining area opening to outdoor deck space boasting fabulous panoramic ocean views over Louttit Bay and beyond.
Stylishly presented and being sold on a walk in, walk out basis the apartment boasts secure off-street parking, large storage space, strong rental potential and affordable Owners Corp fees.
Property History for 2/118 Mountjoy Pde, Lorne, VIC 3232
- 21 Dec 2018Sold for $695,000
- 17 Nov 2017Listed for Sale $735,000
- 20 Jan 2016Sold for $660,000
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0About 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.
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