OFF MARKET

13 Middle Street
Lakes Entrance VIC 3909

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 94m2
Land area: 662m2
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Property Details for 13 Middle St, Lakes Entrance

13 Middle St, Lakes Entrance is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 662m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in January 2006.

Building Type
House
Floor Size
94m2
Land Size
662m2
Local Government
East Gippsland
Lot/Plan
2/LP80436

Last Listing description (August 2023)

Seize a rare chance to own an exceptional investment property in Lakes Entrance. Just a stone's throw from the tranquil water's edge, this dual-unit opportunity is a dream for investors seeking both an idyllic lifestyle and a steady income stream. Unit 1 has 2 bedrooms offering comfort and tranquility with a charming kitchen and dining with a comfortable living area, and a well-appointed bathroom for convenience. Unit 2 offering 3 bedrooms for ample space and flexibility, 2 bathrooms for modern convenience, kitchen, dining and living space. Expansive carport, ideal for boat or caravan storage and an additional shed for all your storage needs. Park the car and walk. This property presents a unique opportunity to live in one unit while generating income from the other through long-term rentals or the thriving Airbnb market. The appeal of Lakes Entrance ensures a high demand for accommodation, promising returns on your investments.
Investments like this are a rarity. Don't miss your chance to secure a piece of Lakes Entrance paradise and build a prosperous future. Call our office today!

Property History for 13 Middle St, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$230,000
26 Jan 2006
Listed for Rent
$240/w
12 Apr 2013
    No history found for this property.

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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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