OFF MARKET

407/1 Esplanade
Lakes Entrance VIC 3909

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 83m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 407/1 Esplanade, Lakes Entrance

407/1 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 sold in September 2016.

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

Last Listing description (September 2014)

The Best Address in Lakes Entrance
Perfectly located at the eastern end of the Gippsland lakes at Lakes Entrance, this offers you the best water views as you relax.
The unit features 2 bedrooms, 2 bathrooms, kitchen, living room and a balcony.

It also has access to the facilities within the resort, which include a large lagoon pool, indoor heated pool and spa, floodlit tennis court, BBQ areas, 1@1 Restaurant open 7 nights and a Buffet Breakfast available each morning with alfresco dining and bar and Illuka Day Spa - specialising in hydrotherapy.

Property History for 407/1 Esplanade, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$200,000
06 Sep 2016
  • 06 Sep 2016
    Sold for $200,000
  • 28 Nov 2013
    Listed for Sale 400000
  • 06 Mar 2004
    Sold for $369,987

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 4,103 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 106 properties listed for sale, and 5 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 121 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 for any loss or damage arising in connection with the data and information contained in this publication.