FOR SALE
$395,000

207/1 Esplanade
Lakes Entrance VIC 3909

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Soak up the Sun

Set in a sunny north facing position, this stunning two bedroom dual key apartment is the pinnacle for investment buyers and permanent living buyers alike. Providing solid income returns with personal use or the option for permanent living in the ideal North facing and sheltered location, offering privacy, sun and the convenience of living intern with the North and Cunningham Arms at your doorstep. Enquire with selling agents today to secure the best apartment buy available.
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Property Details for 207/1 Esplanade, Lakes Entrance

207/1 Esplanade, Lakes Entrance is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The place is currently for sale with RYKERS REAL ESTATE.

Building Type
Apartment

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About Lakes Entrance 3909

The size of Lakes Entrance is approximately 28.1 square kilometres. It has 19 parks covering nearly 17.7% of total area. The population of Lakes Entrance in 2011 was 4,569 people. By 2016 the population was 4,801 showing a population growth of 5.1% in the area during that time. The predominant age group in Lakes Entrance is 60-69 years. Households in Lakes Entrance are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lakes Entrance work in a labourer occupation. In 2011, 65% of the homes in Lakes Entrance were owner-occupied compared with 65.8% in 2016.

Lakes Entrance has 4,104 properties. Over the last 5 years, Houses in Lakes Entrance have seen a 73.13% increase in median value, while Units have seen a 64.20% increase. As at 31 October 2024:

  • The median value for Houses in Lakes Entrance is $542,190 while the median value for Units is $363,006.
  • Houses have a median rent of $450 while Units have a median rent of $370.
There are currently 107 properties listed for sale, and 5 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in Lakes entrance.

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Chris Rykers
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Leanne Rykers
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RYKERS REAL ESTATE
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