OFF MARKET

17 Palmers Road
Lakes Entrance VIC 3909

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Land area: 619m2
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Last updated 11 Nov 2024
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Property Details for 17 Palmers Rd, Lakes Entrance

17 Palmers Rd, Lakes Entrance is a 3 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 619m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Land Size
619m2
Local Government
East Gippsland
Lot/Plan
39/LP23466

Last Listing description (December 2021)

The rare opportunity to purchase a home on the flat part of town is now available. This property is situated in a prime position. Set on a corner block, with a large nature strip on both boundaries, there is plenty of room for parking. It is easy walking to the shops and cafe's, the beach and the Esplanade.
This home consists of four large bedrooms, three bathrooms, two living spaces plus a north facing sunroom. It is set on a very manageable 619m2 piece of land and has a big shed to store a boat, a caravan or both.

Property History for 17 Palmers Rd, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$630,000
27 Nov 2021
  • 27 Nov 2021
    Sold for $630,000
  • 26 Aug 2021
    Listed for Sale $630,000
  • 24 Jan 2019
    Sold for $375,000
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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.

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