OFF MARKET

20/127 Princes Highway
Lakes Entrance VIC 3909

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 14 Oct 2024
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Property Details for 20/127 Princes Hwy, Lakes Entrance

20/127 Princes Hwy, Lakes Entrance is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990.

Building Type
Unit
Year Built
1990
Local Government
East Gippsland

Last Listing description (June 2018)

All reasonable offers considered!
Have a permanent holiday home at one of the best beach destinations in Victoria.
Situated on a double block and fully self-contained is this 1 bedroom solid cabin with hard annexe featuring;

* Near new carpet and timber Venetian blinds
* Updated kitchen with new stove and breakfast bar
* Good sized bedroom with en-suite
* Separate toilet
* Light and bright dining area
* Large living room with split system which can be easily divided into a second bedroom or bunk room for the kids
* Undercover area for meals
* Large timber decking
* BBQ, outdoor table & chairs, washing machine, TV and 2 x sheds included in sale.
The unit can be used as an annual holiday home or a permanent resident home (fees apply)
Located in the Lakes Entrance Tourist Park - a 3.5 star, 6 acre, family holiday Caravan Park. Located just 2.5 kilometres from town on the eastern side of Lakes Entrance, free from the hustle and bustle of downtown.
The Park is close to the Lakes Entrance Golf Course and Eastern Beach
Call Lynette on 0408 135 654 now to make a time to view!

Property History for 20/127 Princes Hwy, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
  • 19 Dec 2017
    Listed for Sale $35,000

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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 4,089 properties. Over the last 5 years, Houses in Lakes Entrance have seen a 75.28% increase in median value, while Units have seen a 63.41% increase. As at 30 September 2024:

  • The median value for Houses in Lakes Entrance is $544,883 while the median value for Units is $375,335.
  • Houses have a median rent of $420 while Units have a median rent of $340.
There are currently 122 properties listed for sale, and 9 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Lakes entrance.

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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.