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1/118 Mountjoy Parade, Lorne$1.29m

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1/118 Mountjoy Parade

Lorne, VIC 3232, Australia

$1.29m

2 bed 2 bath 1 car

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Listing description

About this property

Ideally positioned, front and centre of Lorne's main commercial strip, this modern and low maintenance 2 bedroom, 2 bathroom apartment makes it easy to enjoy everything Lorne has to offer. The patrolled front beach is less than a 100m walk, plus you've got cafés, restaurants and wonderful shops right outside your door. All on one level and offering two spacious bedrooms, two-bathrooms (master with ensuite). The apartment is being sold furnished offering the convenience of moving straight in! With an expansive and light filled modern open plan living, kitchen and dining area which flows onto the outside deck taking in all Lorne is famous for, boasting fantastic ocean views, including the pier, surf club and coast-scape views towards Aireys Inlet. An absolute easy, low maintenance, no stress option on offer, right in the heart of Lorne, secure onsite parking, lock up storage, low Owners Corp fees and solid rental potential!

Property Details

Property Type: apartment
Listing Type: For Sale
Bedrooms: 2
Bathrooms: 2
Parking: 1
Listed: 3 months ago

Repayment calculator

$6,278/month

$3,139 /fortnight

Loan $1,036,000 at 6.10% over 30 years

Upfront costs

Deposit$259,000

Stamp duty$71,225

Conveyancing (est.)$2,000

Total upfront$332,225

Verify with VIC revenue office →

Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Lorne

This 2-bedroom apartment in Lorne, VIC 3232 sits within reach of public transport, local shops and nearby schools. It is listed 4% below the $1.34m median of 68 comparable apartmentswithin 5 km.

Schools near Lorne

Lorne P-12 Collegecombined · Prep-12 · CoEd

What's nearby

Lorne Hotel/Great Ocean Road (bus) — 274 m away
Lorne Beach Club — 16 m away
Unnamed — 103 m away
Unnamed — 233 m away
Unnamed — 593 m away

Lorne at a glance

Full suburb profile

Population: 1,327
Median age: 56
Household income: $1,525/wk
Median rent: $363/wk
Median mortgage: $2,167/mo

Source: ABS Census.

Due diligence

Property Report

Lifestyle & access

Schools

6 nearby schools

Catchment: Lorne Primary School

Public transport

4 stops within 1.5km

Nearest: Lorne Hotel/Great Ocean Road (0.3km)

Traffic

Low congestion

Weekend and holiday peak periods (particularly summer school holidays and long weekends) see elevated traffic volumes on Great Ocean Road. Weekday peak hours have minimal impact on this quiet residential precinct. Tourist traffic increases significantly during daylight hours throughout the year.

Noise

Moderate noise

Nearest: road (0.0km)

Risk & safety

Flood risk

Medium

Lorne is a coastal township in the Surf Coast region exposed to inundation risk from both creek systems (notably Erskine River and tributary catchments) and coastal surge/storm tide events. The Land Subject to Inundation Overlay (LSIO) typically applies to low-lying and waterfront areas, requiring careful planning and design compliance. Historical storms and elevated seas have periodically affected the township; properties near waterways and beachfront areas face elevated risk.

Bushfire risk

High

BAL: BAL-29

Crime profile

below average

Trend: stable

Planning & context

Zoning

GRZ1 — General Residential Zone - Schedule 1

Surf Coast Planning Scheme

Nearby development

5 projects nearby

Lorne is a mature coastal township with limited greenfield development; most activity centres on foreshore public realm upgrades, small infill residential DAs, and tourism infrastructure. Nearby Bellbrae represents the area's primary residential expansion, while Lorne itself prioritises heritage preservation and tourist amenity enhancement over intensive urban renewal.

Heritage

Heritage listed

Lorne is a established Victorian coastal town with significant heritage character, featuring a 19th-century pier, historic hotels, and churches. The town centre and surrounding residential areas are subject to heritage conservation overlays that protect the cohesive character of the beachside township. Most properties within the main town area are located within heritage conservation zones requiring sympathetic development and maintenance standards.

Sources: Australian Gov open data, OpenStreetMap + StMate AI

Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

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