OFF MARKET

3/3 Orme Street
Lakes Entrance VIC 3909

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 179m2
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Last updated 28 Oct 2024
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Property Details for 3/3 Orme St, Lakes Entrance

3/3 Orme St, Lakes Entrance is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 179m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in October 2015.

Building Type
Unit
Year Built
1996
Floor Size
72m2
Land Size
179m2
Local Government
East Gippsland
Lot/Plan
3/PS403370

Last Listing description (February 2016)

No problems with this tidy down town unit located just a few hundred metres to Safeway Supermarket, Bowls Club and merely a stones throw to the edge of the North Arm lake where a shared walking path meanders along Marine Parade where you'll enjoy the nicest of walks. This comfortable 2 bedroom unit would suit many purposes including retirement, holidays or investment where you could expect a return of $250 per week if let on a permanent basis.

Property History for 3/3 Orme St, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$242,500
22 Oct 2015
  • 22 Oct 2015
    Sold for $242,500
  • 24 Sep 2015
    Listed for Sale Not Disclosed
  • 16 Aug 2015
    Transferred
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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 4,099 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 7 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.