OFF MARKET

410/1 Esplanade
Lakes Entrance VIC 3909

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 83m2
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Last updated 14 Oct 2024
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Property Details for 410/1 Esplanade, Lakes Entrance

410/1 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 83m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

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

Last Listing description (November 2022)

Set in a prime south facing location, this one of a kind two bedroom two bathroom dual key apartment boasts unique spa ensuites and takes in amazing central complex and Cunningham Arm views. The unique design provides superior income capabilities making this apartment the most productive cashflow investment we have seen for many years. Perfect for income generation, holiday location, permanent living address, or a combination of each. Contact exclusive selling agnates today for full particulars.

Property History for 410/1 Esplanade, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$475,000
21 Nov 2022
  • 21 Nov 2022
    Sold for $475,000
  • 01 Apr 2022
    Sold for $419,950
  • 23 Aug 2013
    Listed for Sale $390,000
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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 4,089 properties. Over the last 5 years, Houses in Lakes Entrance have seen a 75.28% increase in median value, while Units have seen a 63.41% increase. As at 30 September 2024:

  • The median value for Houses in Lakes Entrance is $544,883 while the median value for Units is $375,335.
  • Houses have a median rent of $420 while Units have a median rent of $340.
There are currently 122 properties listed for sale, and 9 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Lakes entrance.

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