Property Details for 128/3 Bay St, Lorne
128/3 Bay St, Lorne is a 1 bedroom, 1 bathroom Unit.
Last Listing description (November 2025)
Nestled in the heart of stunning Lorne, this prime 1-bedroom freehold apartment offers an unbeatable combination of lifestyle and investment potential. Located within walking distance to the main surf beach, boutique shops and vibrant dining scene, this property presents a rare opportunity to own a piece of paradise with freehold ownership and an exciting income stream. You will love it because of the ultimate coastal convenience and being just steps away to the golden sands, surf and everything Lorne has to offer. This is a fantastic investment-generating excellent rental income, while securing your own personal stays each year. Whether you are looking to boost your portfolio, secure a holiday retreat, or invest in coastal real estate, this is an opportunity not to be missed
Property History for 128/3 Bay St, Lorne, VIC 3232
- 14 Oct 2025Listed for Sale $380000
Recent sales nearby
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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 2016 was 1114 people. By 2021 the population was 1327 showing a population growth of 19.1% 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 2021, 70.10% of the homes in Lorne were owner-occupied compared with 65.00% in 2016.
Lorne has 2,698 properties. Over the last 5 years, Houses in Lorne have seen a 27.37% increase in median value, while Units have seen a 60.36% increase. As at 30 November 2025:
- The median value for Houses in Lorne is $1,731,370 while the median value for Units is $956,431.
- Houses have a median rent of $650 while Units have a median rent of $500.
Suburb Insights for Lorne 3232
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