309/1 Esplanade Lakes Entrance VIC 3909
Property Details for 309/1 Esplanade, Lakes Entrance
309/1 Esplanade, Lakes Entrance is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (September 2021)
Currently providing an average income of $650 per week makes this two bedroom, two bathroom apartment impossible to resist. Hands down the best income returning investment opportunity you will find anywhere. With the option to use the property for permanent living now or in the future also add to the reasons you cannot let this opportunity pass you by.
Property History for 309/1 Esplanade, Lakes Entrance, VIC 3909
- 16 Aug 2021Sold for $309,000
- 28 Jun 2021Listed for Sale $309,000
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0About 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.
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