OFF MARKET

197 Princes Highway
Lakes Entrance VIC 3909

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 802m2
Land area: 803m2
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Property Details for 197 Princes Hwy, Lakes Entrance

197 Princes Hwy, Lakes Entrance is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1975. The property has a land size of 803m2 and floor size of 802m2. While the property is not currently for sale or for rent, it was last sold in December 1996.

Building Type
House
Year Built
1975
Floor Size
802m2
Land Size
803m2
Local Government
East Gippsland
Lot/Plan
2/LP124113

Last Listing description (May 2022)

This double storey home in a prime location minutes from Lakes Entrance is waiting for the right purchaser who has vision and a dream.

Direct access to the Princes Highway on the outskirts of Lakes Entrance the property has it all.

Entering the property via the family room (under renovations) on the lower level, complete with wood burner to keep warm during winter nights. Master bedroom plus huge laundry room with shower and toilet and Study/5th Bedroom,

Upstairs is the hub of the home comprising of a spacious kitchen with solid wood bench-tops, modern gas cooktop, electric oven and large built-in cabinetry. The open plan living and dining area opens up to the balcony with glimpses of the ocean and views of the surrounding
area. 3 bedrooms with BIR's and a family bathroom.

Parking for all the toys - caravan, boat, trailer, jet ski etc plus a massive shed with separate man cave, water and toilet. (Potential to convert to additional accommodation).

This property is in a perfect location, only minutes to local schools, cafes, golf club and sporting facilities.

This property won't last long. Call Daniel to arrange an inspection today.

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Due Diligence Checklist
What you need to know before buying a residential property.
Before you buy a home, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you, if you buy it. This checklist aims to help you identify whether any of these issues will affect you. The questions are a starting point only and you may need to seek professional advice to answer some of them. You can find links to organisations and web pages that can help you learn more, by visiting the due diligence checklist page on the Consumer Affairs Victoria website

Property History for 197 Princes Hwy, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$95,000
18 Dec 1996
  • 05 Apr 2022
    Listed for Sale Contact Agent
  • 18 Dec 1996
    Sold for $95,000
  • 16 Feb 1990
    Sold for $86,500
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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.