3/118 Mountjoy ParadeLorne VIC 3232
Property Details for 3/118 Mountjoy Pde, Lorne
3/118 Mountjoy Pde, Lorne is a 2 bedroom, 2 bathroom Unit and was built in 2009. The property has a land size of 656m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (December 2023)
This top level 2 bedroom, 2 bathroom apartment directly opposite Lorne's main beach is the epitome of beachside holiday living. Once your vehicle is parked in the building's car stacker you will not need it again unless you decide to tour the sights along the Great Ocean Road or the hinterland. Everything from ice cream and great restaurants to sand and sea is right there on your doorstep. Of course, this will require you to get out of your comfortable temperature controlled abode and tear yourself away from the ever changing dramatic outlook.
Property History for 3/118 Mountjoy Pde, Lorne, VIC 3232
- 06 Sep 2023Sold for $1,300,000
- 21 Jul 2023Listed for Sale Not Disclosed
- 12 Oct 2017Sold for $650,000
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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 2,635 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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