SOLD
Sold on 14 Dec 2023 for $290,000

233 Esplanade
Lakes Entrance VIC 3909

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 180m2
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Property Details for 233 Esplanade, Lakes Entrance

Building Type
Commercial
Floor Size
120m2
Land Size
180m2
Local Government
East Gippsland
Lot/Plan
2/LP81893

Last Listing description (November 2023)

- Approximately 180sqm of land and 120sqm of building
- Rear access for carparking & storage
- Currently operated as an Op-Shop but only month to month rental

- $1,245 per month + GST & outgoings
- View to the Gippsland Lakes

Property History for 233 Esplanade, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$290,000
14 Dec 2023
  • 14 Dec 2023
    Sold for $290,000
  • 26 Sep 2023
    Listed for Sale $310,000
  • 27 Sep 2003
    Sold for $155,000
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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 107 properties listed for sale, and 6 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 119 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.