FOR SALE
$750,000

40 Roadknight Street
Lakes Entrance VIC 3909

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2015m2
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THIS BLOCK IS A GEM

Discover the perfect real estate opportunity in the heart of town. This expansive vacant block, approximately 2000sqm, offers endless possibilities. Boasting a prime location near the tranquil lake and stunning ocean beach, it presents an ideal setting for your dream project. With a coveted permit for the development of a Medical Centre, this versatile property also holds great potential for residential unit development. Embrace the chance to create something extraordinary in this exceptional location. Don't miss out on this rare gem!
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Property Details for 40 Roadknight St, Lakes Entrance

Building Type
Land
Land Size
2015m2

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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.

Suburb Insights for Lakes Entrance 3909

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Chris Howlett
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King & Heath First National - LAKES ENTRANCE
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.