216/1 Esplanade Lakes Entrance VIC 3909
Property Details for 216/1 Esplanade, Lakes Entrance
216/1 Esplanade, Lakes Entrance is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
Last Listing description (December 2010)
A FANTASTIC RESORT INVESTMENT
This unit is showing strong returns and offers a Resort Investment that only the Esplanade Waterfront Resort & Spa can offer.
The unit configuration is a two key arrangement - one bedroom apartment and a studio room - one can be occupied whilst you enjoy the other one (limited use). With a neat fit out and chattels and fantastic views this is well sought after unit and is certainly occupied accordingly - showing returns of over $18,000 pa (STC). If you are ready to start enjoying your investment, contact exclusive agents today.
Property History for 216/1 Esplanade, Lakes Entrance, VIC 3909
- 23 Nov 2015Sold for $187,000
- 05 Jul 2010Listed for Sale $329,500
- 05 May 2003Sold for $296,300
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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 4,102 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.
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