OFF MARKET

C315/148-174 Mountjoy Parade
Lorne VIC 3232

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 4 Nov 2024
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Property Details for C315/148-174 Mountjoy Pde, Lorne

C315/148-174 Mountjoy Pde, Lorne is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Surf Coast

Last Listing description (August 2024)

Discover the epitome of coastal living in this remarkable one-bedroom ocean view apartment, located on the third level of the iconic Cumberland Lorne. This private, fully self-contained, freehold, strata title unit offers panoramic birds eye views of Lorne's main street, front beach, Louttit Bay and beyond, making it arguably the best one-bedroom unit within the complex.

The spacious open-plan kitchen/living/dining area seamlessly connects to an undercover outdoor deck space, providing a perfect setting to relish the breathtaking scenery. Enjoy the comfort of reverse cycle heating/cooling, and benefit from the convenience of a walk-in/walk-out arrangement. The separate bathroom/laundry with a corner spa complements the blue water aspect, adding a touch of luxury to your coastal retreat.

Take advantage of secure, undercover parking and the convenience of walking to all that Lorne has to offer. Elevate your lifestyle with lift access to the front door, and indulge in the array of amenities, including an indoor heated pool, spa, gymnasium, sauna, tennis courts, squash court, games room, and a dedicated BBQ area for guests and owners alike.

Whether you choose to lock up and leave for your personal enjoyment or leverage the well-established onsite management for a robust rental return, this residence offers the best of both worlds. Coastal living reaches new heights at Cumberland Lorne!

Property History for C315/148-174 Mountjoy Pde, Lorne, VIC 3232

A timeline of how this property has performed in the market
  • 03 Jul 2024
    Listed for Sale Not Disclosed
  • 04 Jan 2024
    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 2,635 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.
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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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.