219a/35 Mountjoy Pde, Lorne is a 1 bedroom, 1 bathroom Unit and was built in 1998.
A fantastic corner apartment with a north facing aspect, with sensational views of the bay to the north-east and of the Mantra Gardens. The apartment has two balconies, one off the living area and one off the master bedroom. Overall, it creates a sterling leisure investment. You are within walking distance to all Lorne has to offer. The apartment consists of of a spacious open plan design with modern kitchen, separate bedroom, bathroom and a car space. You have full use of amenities the resort has to offer, the apartment has a solid rental return and is a leasehold.
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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