70-74 Mountjoy ParadeLorne VIC 3232
Property Details for 70-74 Mountjoy Pde, Lorne
Last Listing description (March 2021)
Shell Lorne is superbly located in the main street of Lorne, one of Victorias premier tourist hot spots and a thriving coastal township which is less than 2 hours drive from Melbourne and only 65 kilometres from Geelong (Victorias largest regional centre).
Lorne is accessed via the Great Ocean Road which is one of the world's most scenic coastal touring routes and offers a unique setting with a magnificent beach against a backdrop of the majestic rainforest of the Great Otway National Park. With its temperate climate, fine food, vibrant cafe culture, day spas, galleries and nearby local wineries, it is no wonder that Lorne is recognised as one of Australias top all season resort towns.
The tightly heldtownship has strongly benefitted from the pandemic with the median house pricing rising 24.9% over the previous 12 months to $1.485 million.
Only service station within a 28km radius ensuring ongoing tenant performance
Located within the heart of Mountjoy Parade directly opposite Lorne Surf Beach
Last large commercial site in Lorne, with medium to long-term development upside
High-Profile corner 1,160sqm allotment, with 80.56 metres of return frontage
Secured by long-term tenant until 2025, with a further 6-year option
Situated on the Great Ocean Road, one of Victorias top tourist attractions
For Sale by Expressions of Interest closing 4.00pm (AEDT) 25th of February 2021
Property History for 70-74 Mountjoy Pde, Lorne, VIC 3232
- 06 Mar 2021Sold for $4,075,000
- 25 Jan 2021Listed for Sale Please contact the exclusive selling agents.
- 29 Apr 1992Sold for $500,000
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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 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 20.62% increase in median value, while Units have seen a 20.21% increase. As at 31 March 2026:
- The median value for Houses in Lorne is $1,844,737 while the median value for Units is $1,075,560.
- Houses have a median rent of $650 while Units have a median rent of $488.
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