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115/3 Bay Street, Lorne$380,000

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For Saleapartment

115/3 Bay Street

Lorne, VIC 3232, Australia

$380,000

1 bed 1 bath 1 car8 m²

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About this property

Nestled in the heart of stunning Lorne, this prime1-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 from 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 Details

Property Type: apartment
Listing Type: For Sale
Bedrooms: 1
Bathrooms: 1
Parking: 1
Land Area: 8 m²
Listed: 3 months ago

Repayment calculator

$1,842/month

$921 /fortnight

Loan $304,000 at 6.10% over 30 years

Upfront costs

Deposit$76,000

Stamp duty$17,870

Conveyancing (est.)$2,000

Total upfront$95,870

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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 1-bedroom apartment in Lorne, VIC 3232 sits within reach of public transport, local shops and nearby schools. It is listed 72% 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 Rd (bus) — 68 m away
Sharkys — 146 m away
Unnamed — 270 m away
Unnamed — 557 m away
Queens Park — 722 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.

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