SOLD
Sold on 11 Jun 2024 for $255,000

1/542A Lake Tyers Beach Road
Lake Tyers Beach VIC 3909

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 449m2
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East Gippsland Real Estate
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Property Details for 1/542a Lake Tyers Beach Rd, Lake Tyers Beach

Building Type
Land
Land Size
449m2
Local Government
East Gippsland
Lot/Plan
1/PS802736

Last Listing description (July 2024)

This block of land is bursting with potential from its location in the beautiful seaside village of Lake Tyers Beach. Situated only a short stroll down a concrete path to the famous Waterwheel beach tavern, general caf?, 90 mile beach and the lake Tyers estuary. Many other walking tracks can be discovered once fully immersed here. The footpath also goes the whole way to the local primary school, so if you've got kids or like walking /running or biking this is the spot. Another bonus of this position is the large nature strip and driveway, allowing you to safely pull off the road and park your trailer and wash down your boats. Surrounded by architecturally designed homes and friendly neighbourhood, this block of land is just waiting for you to build your dream beach house or investment.

Architect drawings are available upon request

Property History for 1/542a Lake Tyers Beach Rd, Lake Tyers Beach, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$255,000
11 Jun 2024
  • 11 Jun 2024
    Sold for $255,000
  • 27 Jun 2022
    Listed for Sale $299,000
  • 19 Mar 2022
    Transferred

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About Lake Tyers Beach 3909

The size of Lake Tyers Beach is approximately 6.5 square kilometres. It has 1 park covering nearly 0.6% of total area. The population of Lake Tyers Beach in 2011 was 868 people. By 2016 the population was 711 showing a population decline of 18.1% in the area during that time. The predominant age group in Lake Tyers Beach is 60-69 years. Households in Lake Tyers Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lake Tyers Beach work in a trades occupation. In 2011, 78.3% of the homes in Lake Tyers Beach were owner-occupied compared with 73.9% in 2016.

Lake Tyers Beach has 656 properties. Over the last 5 years, Houses in Lake Tyers Beach have seen a 62.97% increase in median value, while Units have seen a 47.97% increase. As at 30 November 2024:

  • The median value for Houses in Lake Tyers Beach is $558,978 while the median value for Units is $532,194.
  • Houses have a median rent of $410.
There are currently 17 properties listed for sale, and no properties listed for rent in Lake tyers beach on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Lake tyers beach.

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