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12/5 Cora Lynn Court, Lorne$499,000
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12/5 Cora Lynn Court

Lorne, VIC 3232, Australia
$499,000
1 bed 1 bath 2 car2.83 ha

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About this property

Welcome to Unit 12, 5 Cora Lynn Court, Lorne. Ideally positioned amongst the calming bush of the Otways, this immaculately presented unit offers peace and tranquility only 5 minutes drive from Lorne beachfront or the famous Erskine Falls. Providing the perfect refuge from the hustle and bustle of Lorne township, this property gives occupants quick, easy access via the sealed bitumen road, but also the opportunity for a secluded oasis to return home to after spending the day on one of the many pristine local beaches. With high ceilings and spacious bedroom and living/dining spaces, this one bedroom unit is a great opportunity for those looking for something cute, but not cramped - and you won't find yourself short on car spaces either! The freehold home is part of a unique cluster of well-maintained properties all individually titled, plus a share in 7 acres of common property that adjoins the beautiful Otway National Park. Surrounded by an abundance of wildlife and towering blue gums, this property delivers the relaxing lifestyle expected on the coast. Sit back and enjoy the quiet sounds of the birds and wind rustled trees, all the while soaking up the morning sun from the recently updated, north-facing deck. This modernised unit is an excellent opportunity to enter the coastal market, whether you're looking for a lock-and-leave relaxing escape, or an ideal investment. Delivering on location, lifestyle, and low-maintenance living, this home is ready to be enjoyed immediately!

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
2
Land Area
2.83 ha
Listed
3 months ago

Repayment calculator

$2,419/month
$1,210 /fortnight
Loan $399,200 at 6.10% over 30 years

Upfront costs

Deposit$99,800
Stamp duty$25,010
Conveyancing (est.)$2,000
Total upfront$126,810
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 1-bedroom apartment in Lorne, VIC 3232 sits within reach of public transport, local shops and nearby schools. It is listed 63% below the $1.34m median of 66 comparable apartmentswithin 5 km.

Schools near Lorne

  • Lorne P-12 Collegecombined · Prep-12 · CoEd

What's nearby

  • Lorne Visitor Centre/Great Ocean Rd (bus)3.7 km away
  • FoodWorks3.5 km away
  • Unnamed3.8 km away
  • Unnamed3.8 km away
  • Lions Park3.9 km 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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Suburb market

Suburb price trend

Lorne price trend

Median sold · Unit 2 bed

Compound growth -7.0% / yr over 4 yrs

$718kcurrent median

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Price history

Listing price changes

1 price change recorded for this property

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