4/118 Mountjoy ParadeLorne VIC 3232
Property Details for 4/118 Mountjoy Pde, Lorne
4/118 Mountjoy Pde, Lorne is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2006. The property has a floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (March 2021)
Spacious 2 bedroom ocean facing apartment in what is fast becoming one of the most sought after locations on the Victorian coastline. The top level apartment of the boutique Waterfront development boasts a view over the Lorne foreshore, main beach, Louttit Bay and the coastline to the Aireys Inlet Lighthouse as good as any on the strip.
With two generous sized bedrooms (master with ensuite), open kitchen/living/dining zone opening onto the 25 sqm balcony the unique apartment has it all, including secure internal access directly to Mountjoy Parade and all Lorne has to offer.
Property History for 4/118 Mountjoy Pde, Lorne, VIC 3232
- 19 Mar 2021Sold for $890,000
- 20 Nov 2020Listed for Sale $890,000
- 28 Apr 2015Listed for Rent $410 / 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 2,635 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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