OFF MARKET

2/23 Gold Ring Road
Lakes Entrance VIC 3909

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 414m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 Nov 2024
Low

High
Save

Property Details for 2/23 Gold Ring Rd, Lakes Entrance

2/23 Gold Ring Rd, Lakes Entrance is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 414m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
1985
Floor Size
76m2
Land Size
414m2
Local Government
East Gippsland
Lot/Plan
2/PS538605

Last Listing description (February 2024)

Ideally positioned at the end of a cul-de-sac just a short 5 minute drive to the heart of Lakes Entrance, rear of only two and completely independent homes with no body corporate.

The home welcomes relaxation with an immediately inviting living area taking full advantage of the north facing aspect allowing an abundance of natural light all year round and providing extra warmth in with winter months. A bright well-equipped kitchen comes with electric appliances and excellent storage, while the spacious laundry will draw much appreciation on laundry day!

Enjoy a beautifully low maintenance yard with undercover decking, plenty of parking for a boat or caravan and garden shed/workshop.

This spacious home provides a fantastic opportunity for any astute buyer: an ideal first home, downsizers opportunity, or a wonderful set and forget investment. Do not miss out on this opportunity to secure this great property in a convenient location. Currently tenanted until November 2021 at $240 per week with a fantastic long term tenant.

Property History for 2/23 Gold Ring Rd, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$303,000
30 Aug 2021
Listed for Rent
$240/w
20 Nov 2019
  • 30 Aug 2021
    Sold for $303,000
  • 09 Jul 2021
    Listed for Sale $320,000
  • 07 Nov 2019
    Listed for Rent $240 / week
Sign in to see more transactions

Commute Calculator

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 106 properties listed for sale, and 6 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Lakes entrance.

Suburb Insights for Lakes Entrance 3909

Market Insights
Lakes Entrance Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Lakes Entrance Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.