OFF MARKET

22/22-28 Mountjoy Parade
Lorne VIC 3232

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 49m2
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Property Details for 22/22-28 Mountjoy Pde, Lorne

22/22-28 Mountjoy Pde, Lorne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
Unit
Year Built
1998
Floor Size
49m2
Local Government
Surf Coast
Lot/Plan
22/PS419092

Last Listing description (October 2015)

Situated in the heart of Lorne this self contained apartment is an ideal property for those looking for a low maintenance holiday unit or investment property.
These particular apartments generate strong holiday rental returns due to their main street location.
Being sold fully furnished this one bedroom studio apartment comprises open plan kitchen, dining and lounge area, mezzanine bedroom with ensuite incorporating a laundry and undercover carpark on title.

Property History for 22/22-28 Mountjoy Pde, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$338,000
25 Feb 2019
  • 25 Feb 2019
    Sold for $338,000
  • 19 Jun 2015
    Sold for $270,000
  • 30 Oct 2012
    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 2,649 properties. Over the last 5 years, Houses in Lorne have seen a 95.56% increase in median value, while Units have seen a 37.41% increase. As at 31 August 2024:

  • The median value for Houses in Lorne is $1,978,015 while the median value for Units is $927,154.
  • Houses have a median rent of $725 while Units have a median rent of $1,029.
There are currently 2 properties listed for sale, and no properties listed for rent in Lorne on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Lorne.

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