23/22-28 Mountjoy ParadeLorne VIC 3232
Property Details for 23/22-28 Mountjoy Pde, Lorne
23/22-28 Mountjoy Pde, Lorne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 150m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (April 2022)
With the design inspired by old school beach boxes, these particular one-bedroom apartments generate strong holiday rental returns, due to their main street location.
Simply Park in your undercover spot, unpack your gear and walk to everything Lorne has to offer. Great floorplan with the bedroom and combined bathroom/laundry upstairs on a mezzanine level, leaving the open plan living/dining area with a spacious feel. Currently permanently tenanted at $380 per week the inclusion of furniture improves the value of this apartment, offering a great low maintenance option for anybody looking for a coastal getaway or investment.
Property History for 23/22-28 Mountjoy Pde, Lorne, VIC 3232
- 02 Apr 2022Sold for $550,000
- 16 Mar 2022Listed for Sale UNDER CONTRACT
- 25 May 2021Listed for Rent - Price not available
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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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