213b/35 Mountjoy Pde, Lorne is a 1 bedroom, 1 bathroom Unit and was built in 1998.
A spacious one-bedroom studio apartment, situated on the first level of the Princess Louise Building with views of the township to the south-west. A great entry into the Lorne market with a solid rental return and you have full use of all the amenities at the resort, which is in the heart of the township and within easy walking distance to beach, shops and restaurants. The B apartment consists of huge open plan lounge/living area, bathroom, balcony and car space. The apartments area a leasehold you may stay any 8 weeks a year and there is 25 years left on the current lease.
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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