SOLD
Sold on 14 Aug 2024 for $525,000

1 Morkham Court
Lakes Entrance VIC 3909

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 156m2
Land area: 1009m2
Sold By
East Gippsland Real Estate
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Property Details for 1 Morkham Ct, Lakes Entrance

1 Morkham Ct, 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 1009m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Lakes Entrance in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
156m2
Land Size
1009m2
Local Government
East Gippsland
Lot/Plan
40/LP218655

Last Listing description (October 2024)

This home has three bedrooms, plus a study, two bathrooms and two living spaces, it's sure to impress. Located on the corner of the popular and sought after Morkham Court and Stirling Drive location this 1,020m2 allotment gives plenty of choices and of course room to move.

With brand new carpet throughout, open plan kitchen/dining/lounge, central ducted heating with natural gas and a fantastic outside undercover area off the laundry this home is sure to tick a lot of boxes.

There is easy side access to the back yard with double side gates and ample parking for boats or caravans. An ideal family home or well-suited to holiday or investment with it's three bedrooms and the currently popular rental market.

Call today to arrange your viewing!

Property History for 1 Morkham Ct, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$525,000
14 Aug 2024
  • 14 Aug 2024
    Sold for $525,000
  • 02 Jul 2024
    Listed for Sale $575,000
  • 24 Dec 1996
    Sold for $152,000
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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.

Suburb Insights for Lakes Entrance 3909

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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.