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Sold on 22 Nov 2024 for $750,000

3/22-28 Mountjoy Parade
Lorne VIC 3232

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 79m2
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Great Ocean Road Real Estate Lorne
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Property Details for 3/22-28 Mountjoy Pde, Lorne

3/22-28 Mountjoy Pde, Lorne is a 2 bedroom, 1 bathroom Unit and was built in 1998. The property has a floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Lorne in the last 12 months.

Building Type
Unit
Year Built
1998
Floor Size
79m2
Local Government
Surf Coast
Lot/Plan
3/PS419092

Last Listing description (December 2024)

Step right off Lorne's main street and into this immaculate and light filled, single level 2-bedroom, 1-bathroom beachside family apartment and walk to all Lorne famously offers!

Featuring an open plan kitchen, living and dining area with north facing windows opening onto fully fenced private and expansive outside terrace.

Ideal for those who are looking for a low maintenance, central, family holiday apartment with strong rental potential low owners Corp fees. Lock up storage area, and one car park on title.

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Property History for 3/22-28 Mountjoy Pde, Lorne, VIC 3232

A timeline of how this property has performed in the market
Last Sold
$750,000
22 Nov 2024
Listed for Rent
$1.12k/w
16 Jan 2021
  • 22 Nov 2024
    Sold for $750,000
  • 17 Oct 2024
    Listed for Sale $750,000
  • 08 Nov 2019
    Listed for Rent $1,120 / week
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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 2,674 properties. Over the last 5 years, Houses in Lorne have seen a 74.90% increase in median value, while Units have seen a 0.63% increase. As at 30 November 2024:

  • The median value for Houses in Lorne is $1,961,771 while the median value for Units is $784,383.
  • Houses have a median rent of $725 while Units have a median rent of $1,029.
There are currently 3 properties listed for sale, and no properties listed for rent in Lorne on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Lorne.

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