OFF MARKET

20 The Balcony
Lakes Entrance VIC 3909

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 118m2
Land area: 853m2
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Last updated 18 Nov 2024
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Property Details for 20 The Balcony, Lakes Entrance

20 The Balcony, Lakes Entrance is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 1993. The property has a land size of 853m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
House
Year Built
1993
Floor Size
118m2
Land Size
853m2
Local Government
East Gippsland
Lot/Plan
28/PS308751

Last Listing description (February 2024)

OWNER HAS PURCHASED ELSEWHERE - LOOKING FOR FAST SALE

Situated in one of the most sought after areas of Lakes Entrance and built by a local builder, this home on 'The Balcony' is designed to capture the tranquil setting with magnificent views overlooking the North Arm.

Driving into to the double garage is easy, with same level access to the front door; your guest will feel very welcomed. The very light main bedroom to the right has a large ensuite and full length built-in-robes. A 2nd bedroom to the left with built in robe. Walk through to magnificent water views from the open plan living. The kitchen has a dishwasher and gas cooking and dining bar. A large study off the living makes work and study a pleasure.
Walk through to a north facing entertainment deck that follows the home around to a large protected barbecue area. The views are uninterrupted and many an afternoon can be enjoyed with friends and family.

A centrally located stairwell takes you down to a 2nd living area with 3rd bedroom and own kitchen/bathroom. Walk out onto a 2nd Balcony below with similar water views. This could be used for guests or as an escape or even as a B&B,

For more information contact LJ Hooker Lakes Entrance today on 5155 6777

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Property History for 20 The Balcony, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$485,000
20 May 2020
  • 08 Sep 2020
    Listed for Sale Sold
  • 20 May 2020
    Sold for $485,000
  • 08 Nov 2019
    Listed for Sale $649,000
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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 4,104 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 119 properties listed for sale, and 2 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 114 properties were sold in the past 12 months in Lakes entrance.

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