OFF MARKET

1 Merrangbaur Street
Lakes Entrance VIC 3909

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 66m2
Land area: 535m2
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Property Details for 1 Merrangbaur St, Lakes Entrance

1 Merrangbaur St, Lakes Entrance is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 535m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
1980
Floor Size
66m2
Land Size
535m2
Local Government
East Gippsland
Lot/Plan
89/LP72003

Last Listing description (July 2021)

If it's time to make a seachange, this is the perfect property for you. Enjoy the space and comfort of this three-bedroom, two-bathroom home paired perfectly with an incredible location just moments from the water's edge. There is a large open-plan living space that spills out to a balcony plus a wonderful kitchen, a study for those who work from home and a rear deck set off a bedroom.

Set in the backyard is a 3x6m shed and a 6x6m carport, ensuring a property with flexibility and potential. You will live on a large 530sqm corner block fronting both Merrangbaur Street and Eastern Beach Road. Eastern Beach and the golf course are within walking distance and you are close to the shops and cafes of Lakes Entrance.

With such an incredible location, it's easy to see why this property was one of the region's most popular holiday rentals. If you're looking for an investment, you can continue the great rental return this property offers or keep this home and immerse yourself in the enviable coastal lifestyle so many crave.

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Property History for 1 Merrangbaur St, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$585,000
02 Jun 2021
Listed for Rent
$225/w
20 Feb 2017
  • 02 Jun 2021
    Sold for $585,000
  • 19 May 2021
    Listed for Sale $585,000
  • 08 Feb 2017
    Listed for Rent - Price not available
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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, 119 properties were sold in the past 12 months in Lakes entrance.

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