403/1 Esplanade Lakes Entrance VIC 3909
Property Details for 403/1 Esplanade, Lakes Entrance
403/1 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 85m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (November 2024)
A clever little investment is this 'dual key' apartment located within The No 1 Resort, Esplanade, Lakes Entrance.
Dual key entry, meaning 403 A & 403 B whereby the apartment can be let as a single or a double unit thereby creating diversity with your investment.
This 4th floor apartment presents very nicely and is positioned on the sunny north side of the complex and still maintains exceptional views to Kalimna & the North Arm lake.
Facilities include heated indoor & outdoor pools, playground, and convenient access to The Espy Bar & Eatery & Cafe.
Live in full time or join the rental pool you choose.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Property History for 403/1 Esplanade, Lakes Entrance, VIC 3909
- 25 Sep 2024Listed for Sale $499,000
- 11 Feb 2021Sold for $300,000
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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 4,102 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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