OFF MARKET

20/55 Roadknight Street
Lakes Entrance VIC 3909

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 153m2
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Property Details for 20/55 Roadknight St, Lakes Entrance

20/55 Roadknight St, Lakes Entrance is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 153m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
1994
Floor Size
73m2
Land Size
153m2
Local Government
East Gippsland
Lot/Plan
20/PS316200

Last Listing description (December 2020)

This two bedroom, one bathroom cottage with a spacious lounge room, undercover outdoor entertaining area and undercover carport could be yours! Boasting returns of approximately 6.6% NET in the past and recent changes to body corporate rules now mean if you are over 55 you can live in the complex full time. That's right you can have your own slice of paradise for $135,000. It comes fully furnished with air conditioning, dryer, dishwasher, spa bath and all linen is provided. The park offers many great features such as a basketball court, tennis court, playground, pool area, rotunda, outdoor BBQ area and a games room.
This cottage boasts generous returns and is situated at one of the major caravan park franchises in Australia. All maintenance and cleaning is carried out by park staff, so if you are looking for a proven investment, that requires you to sit back and relax, this is for you!

Property History for 20/55 Roadknight St, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$135,000
18 Nov 2020
  • 18 Nov 2020
    Sold for $135,000
  • 03 Dec 2016
    Transferred
  • 03 Jul 2015
    Listed for Sale $210,000
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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.

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.