SOLD
Sold on 12 Apr 2024 for $950,000

401/1 Esplanade
Lakes Entrance VIC 3909

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 132m2
Land area: 6980m2
Save

Property Details for 401/1 Esplanade, Lakes Entrance

401/1 Esplanade, Lakes Entrance is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 6980m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Lakes Entrance in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
132m2
Land Size
6980m2
Local Government
East Gippsland
Lot/Plan
66/PS512350

Last Listing description (August 2013)

LIFESTYLE INVESTMENT
You can now enjoy this fantastic lifestyle investment at Lakes Entrances' most luxurious 4
star resort....Esplanade Waterfront Resort & Spa.

This unit is a two bedroom, two key arrangement allowing separate rental potential. Both rooms have been fitted out with spas.
With facilities such as Indoor & Outdoor Pools, Tennis Court with Picnic & BBQ areas, private car parking Caf and Restaurant, not to forget the added indulgence of 'Illuka' Day Spa....you will look forward to your holidays.
Showing an excellent return this property makes for sound & promising investment.
Contact exclusive selling agents, 7 days.

Property History for 401/1 Esplanade, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$950,000
12 Apr 2024
  • 12 Apr 2024
    Sold for $950,000
  • 21 Feb 2011
    Listed for Sale $390,000
  • 28 Feb 2003
    Sold for $521,500

Commute Calculator

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 4,115 properties. Over the last 5 years, Houses in Lakes Entrance have seen a 57.11% increase in median value, while Units have seen a 44.63% increase. As at 28 February 2025:

  • The median value for Houses in Lakes Entrance is $531,435 while the median value for Units is $336,340.
  • Houses have a median rent of $460 while Units have a median rent of $385.
There are currently 106 properties listed for sale, and 9 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 134 properties were sold in the past 12 months in Lakes entrance.

Suburb Insights for Lakes Entrance 3909

Market Insights
Lakes Entrance Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Lakes Entrance Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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 liability for any loss or damage arising in connection with the data and information contained in this publication.