OFF MARKET

47 Capes Road
Lakes Entrance VIC 3909

Bedrooms: 4
Bathrooms: 1
Car spaces: 3
Floor area: 99m2
Land area: 686m2
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Property Details for 47 Capes Rd, Lakes Entrance

47 Capes Rd, Lakes Entrance is a 4 bedroom, 1 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 686m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
House
Year Built
1950
Floor Size
99m2
Land Size
686m2
Local Government
East Gippsland
Lot/Plan
14/LP70889

Last Listing description (June 2020)

This is your chance to break the rental cycle and have your own home all for an affordable price ... well here's your chance! This family home has served the current owners well as a holiday property for years. it is now time for others to enjoy. This four bedroom, one bathroom home is conveniently located close to public transport, and all of Lakes Entrance shops and services, the local schools and choice of the local Main Beach or Eastern Beach are within just a few minutes drive. The fully enclosed block is a very generous 686m2 with ample space for children and pets to run freely.
Investors can expect a rental return of approx $260-$280pw making this a brilliant option to add to your portfolio.
Be quick to inspect, there's very little available in this price range and it just won't last long, make your new home enquiry today!

Property History for 47 Capes Rd, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$220,000
10 Jun 2020
  • 10 Jun 2020
    Sold for $220,000
  • 26 Sep 2019
    Listed for Sale $225,000
  • 20 Feb 2019
    Listed for Sale Not Disclosed
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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 4,104 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 107 properties listed for sale, and 5 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 119 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.