SOLD
Sold on 23 Jan 2024 for $670,000

2/617 Esplanade
Lakes Entrance VIC 3909

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 180m2
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Property Details for 2/617 Esplanade, Lakes Entrance

2/617 Esplanade, Lakes Entrance is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 180m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom Unit sold in Lakes Entrance in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
94m2
Land Size
180m2
Local Government
East Gippsland
Lot/Plan
1/PS407961

Last Listing description (February 2022)

Perfectly presented and situated meters from the town centre, enjoy the water views from your loungeroom. 2 bedrooms, both with BIR and ensuites and fully furnished. Lock up garage. Complete with a private courtyard and decking for entertaining or relating in the sun! Private inspections only. More Images to come.

Property History for 2/617 Esplanade, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$670,000
23 Jan 2024
Listed for Rent
$400/w
03 Feb 2022
  • 23 Jan 2024
    Sold for $670,000
  • 24 Jan 2022
    Listed for Rent $400 / week
  • 01 Jan 2020
    Listed for Rent $380 / week
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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 108 properties listed for sale, and 5 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 120 properties were sold in the past 12 months in Lakes entrance.

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