FOR SALE
$295,000

4/50-54 Palmers Road
Lakes Entrance VIC 3909

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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DOWNSIZE OR INVESTMENT

If you require a unit close to town with endless possibilities, then this property could be the ideal choice. Whether you are looking to downsize, or purchase an investment property, the two large bedrooms and comfortable living area are the perfect spots to rest up after a hard day. The separate bathroom and laundry also provide that extra space. Close to public transport and local schools, it is also perfect for those who like to enjoy the outdoors with it being within close proximity to the Indoor Aquatic Centre and also the Golf Course and Tennis Courts. A lockable garage and courtyard ensures privacy and an outdoor space for entertainment.
Call King & Heath Lakes Entrance for more information on 03 5155 1201. Selling 7 days for your convenience.
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Property Details for 4/50-54 Palmers Rd, Lakes Entrance

4/50-54 Palmers Rd, Lakes Entrance is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with King & Heath First National - LAKES ENTRANCE.

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Unit

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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 4,101 properties. Over the last 5 years, Houses in Lakes Entrance have seen a 85.05% increase in median value, while Units have seen a 62.25% increase. As at 31 July 2024:

  • The median value for Houses in Lakes Entrance is $577,678 while the median value for Units is $356,297.
  • Houses have a median rent of $420 while Units have a median rent of $325.
There are currently 121 properties listed for sale, and 8 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 112 properties were sold in the past 12 months in Lakes entrance.

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Judy Vella
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King & Heath First National - LAKES ENTRANCE
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