OFF MARKET

2/70 Palmers Road
Lakes Entrance VIC 3909

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 566m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low
High
Share
Save

Property Details for 2/70 Palmers Rd, Lakes Entrance

2/70 Palmers Rd, Lakes Entrance is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 566m2.

Building Type
Unit
Land Size
566m2
Local Government
East Gippsland

Last Listing description (October 2021)

Currently occupied by long term tenants both these units would make an excellent investment to add to your current portfolio or maybe this could be your first to kick it off! Unit 1 is currently leased at $195.00 per weekUnit 2 is currently leased at $250.00 per weekThese units stand alone on this 566m2 block of land (approx) the properties are conveniently situated close to town, only a short 3 minute drive, there is a footpath to access town, the bus stop is only a stones throw away and the local indoor swimming pool and tennis courts are directly across the road.Both units are neat and tidy, regular maintenance has always been followed up. After many years they are ready to change hands and become a new owners investment opportunity.Call Elders Lakes Entrance today and we can arrange your new investment inspectionhttps://www.consumer.vic.gov.au/duediligencechecklist

Property History for 2/70 Palmers Rd, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Listed for Rent
$280/w
05 Jul 2021
  • 15 Mar 2021
    Listed for Sale $459,000
  • 30 Sep 2020
    Listed for Rent $250 / week

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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.

Lakes Entrance Profile Page

Suburb Insights for Lakes Entrance 3909

Visit Lakes Entrance profile page
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
Visit Lakes Entrance profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED