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1/118 Mountjoy Parade, Lorne$1.29m

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For Saleapartment

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

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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

Future Development

Complete

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.

Nearby projects

Closest

0.3 km

Residential Infill - Central Lorne

Distance from this property is exact (rings = km). Direction is illustrative.

Residential Infill - Central Lorne

0.3 km

ResidentialApproved

Small-scale dual occupancy and townhouse approvals on subdividable residential lots within the established township.

2024-2025

300 m

Lorne Foreshore Revitalisation

0.5 km

Infrastructure and Public RealmProposed

Long-term coastal reserve management and public amenity upgrades including carpark and beach access improvements.

2025-2027

500 m

Great Ocean Road Corridor Maintenance

1.5 km

InfrastructureOngoing

Scheduled road surface and drainage maintenance along the scenic coastal route through and around Lorne.

1.5 km

Surf Coast Tourism Facility Upgrades

2 km

Mixed-useProposed

Enhancement of visitor accommodation and hospitality infrastructure reflecting Lorne's status as a major coastal tourist destination.

2024-2026

2.0 km

Bellbrae Village Expansion

8 km

Residential subdivisionUnder construction

Medium-density residential estate development in adjacent Bellbrae with mixed lot sizes and local retail.

2025

8.0 km

Source: StMate AI — VIC development trends07/06/2026

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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