OFF MARKET

318/1 Esplanade
Lakes Entrance VIC 3909

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 83m2
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Last updated 11 Nov 2024
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Property Details for 318/1 Esplanade, Lakes Entrance

318/1 Esplanade, Lakes Entrance is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a floor size of 83m2. While the property is not currently for sale or for rent, it was last transferred in July 2021.

Building Type
Unit
Year Built
2005
Floor Size
83m2
Local Government
East Gippsland
Lot/Plan
59/PS512350

Last Listing description (July 2024)

There's a bit of wow about this one!!!
Uniquely positioned on level three with a spectacular west/south west aspect from the wall to wall, floor to floor full length windows of your living area plus lake & harbour views from the largest outdoor patio in the complex.
Measuring 8m x 4m this patio provides the best indoor & outdoor living all year round.

Comprises of two generous bedrooms each with it's own bathroom and looking & feeling as good as the day it was built.
The choice is yours for permanent living or becoming part of the rental pool for fabulous returns.

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Property History for 318/1 Esplanade, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Transferred
02 Jul 2021
  • 23 Mar 2023
    Listed for Sale $665,000
  • 02 Jul 2021
    Transferred
  • 22 Aug 2017
    Sold for $295,000
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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 5 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.

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