OFF MARKET

43 Capes Road
Lakes Entrance VIC 3909

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 142m2
Land area: 620m2
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Property Details for 43 Capes Rd, Lakes Entrance

43 Capes Rd, Lakes Entrance is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 620m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
House
Year Built
1995
Floor Size
142m2
Land Size
620m2
Local Government
East Gippsland
Lot/Plan
12/LP70889

Last Listing description (July 2020)

This is a great choice to 'invest your funds', given our current interest rate is falling quite rapidly. Located close to town and public transport running past the doorstep its actually quite a convenient location.

The home has been renovated in the past however there is still room to add your own special touch!

With modern open living and 3 bedrooms + 2 bathrooms on the upper level is more than enough space for a standard family or even a couple. Then there is the added bonus of an extra bedroom and bathroom accessed from the outside of the home.

Perfect for guests or maybe an older child or elderly parent. The choice is yours...

On the current rental market this home would achieve $340 - $350 per week - That's a 5.7% return on your investment!

This is a must see to add to your port folio, call us at Elders Lakes Entrance today 5155 3133

Property History for 43 Capes Rd, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$315,000
07 Jun 2020
Listed for Rent
$315/w
21 Jul 2016
  • 07 Jun 2020
    Sold for $315,000
  • 02 Apr 2020
    Listed for Sale $319,000
  • 30 Dec 2016
    Listed for Sale $298,000
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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 4,103 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

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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.