Home/Properties/Lorne/D221/148-174 Mountjoy Parade
D221/148-174 Mountjoy Parade, Lorne$1.02m
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D221/148-174 Mountjoy Parade

Lorne, VIC 3232, Australia
$1.02m
2 bed 2 bath 2 car

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About this property

This Penthouse Apartment is one of only six Penthouses on the front row of Cumberland Lorne. It represents a rare opportunity. Comprising an open plan kitchen, dining lounge, two bedrooms, two bathrooms and two car parks with direct elevator access from the basement car park. The Cumberland is synonymous to Lorne with generations enjoying annual holidays here, with its A grade location and resort facilities such as newly renovated gym and recently renovated indoor salt chlorinated magnesium pool and spa. Other resort facilities include squash and tennis courts. The Cumberland is nestled between vibrant restaurants and boutiques. The flexibility of ownership is outstanding with the ability to owner occupy, lock and leave as your holiday apartment, in the best location on offer or generate an income on a short stay rental basis. A box seat to witness the famous Pier to pub open water swim event in the peak of summer or watch the waves roll in as the sun rises to an empty beach in the midst of winter, Lorne is a year round destination, make it yours!

Property Details

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

Repayment calculator

$4,969/month
$2,485 /fortnight
Loan $820,000 at 6.10% over 30 years

Upfront costs

Deposit$205,000
Stamp duty$56,375
Conveyancing (est.)$2,000
Total upfront$263,375
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 24% 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)108 m away
  • Go Aussie Wear6 m away
  • Unnamed138 m away
  • Unnamed412 m away
  • Unnamed768 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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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

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