FOR SALE
$525,000

5 Eastern Beach Road
Lakes Entrance VIC 3909

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 548m2
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Eastern Beach

Settled in a great location close to Eastern Beach this property offers so much more.... conveniences close by such as:
* Schools
* YMCA Swim Centre and Tennis Courts
* 2 x Service Stations both with a Convenience Store within walking distance
* Bus stop
* Footpath into town
* A manageable 548m2 block size, fully secured back yard
The house itself is a 3-bedroom hardy plank home filled with character and potential, making it a compelling opportunity for investors, renovators, or first-time buyers eager to infuse their personal style into their new home.
It is light and bright and really spacious, open plan kitchen, dining and lounge area, all the bedrooms are large 3.6m X 3.5m rooms, the ensuite bathroom is very generous, the main bathroom practical as a second bathroom.
The back yard is enclosed and secure plus you have a drive through one car garage to access the back yard.
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Property Details for 5 Eastern Beach Rd, Lakes Entrance

5 Eastern Beach Rd, Lakes Entrance is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 548m2. The place is currently for sale with Elders Real Estate Lakes Entrance.

Building Type
House
Land Size
548m2

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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 4,099 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 120 properties listed for sale, and 5 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Lakes entrance.

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Rachael Newman
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Elders Real Estate Lakes Entrance
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