OFF MARKET

5/641 Esplanade
Lakes Entrance VIC 3909

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 155m2
Land area: 155m2
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Property Details for 5/641 Esplanade, Lakes Entrance

5/641 Esplanade, Lakes Entrance is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 155m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
1995
Floor Size
155m2
Land Size
155m2
Local Government
East Gippsland
Lot/Plan
5/PS406131

Last Listing description (October 2024)

Situated on the entire top floor, with a large balcony on two sides, this home boasts an exclusive and private haven. The panoramic water views from this penthouse are nothing short of spectacular. Step inside to discover a tastefully designed living space, adorned with sliding doors and large windows that flood the interior with natural light. Three bedrooms and two bathrooms make it ideal for permanent residence or investment. The white kitchen, complemented by timber benches, adds a touch of sophistication to the heart of the home. Wake up to the mesmerizing outlook and step directly from your master bedroom to the private balcony to soak in the beauty of Lakes Entrance. Tiled floors adorn all living areas, ensuring both beauty and practicality. The low-maintenance design allows you to spend more time enjoying the stunning surroundings and less time on upkeep. The added bonus of a double garage adds an extra layer of convenience, providing secure parking for your vehicles and additional storage space. Enjoy the convenience of being close to shops and amenities. Contact King & Heath today for a private viewing and experience the allure of waterfront living at its finest.

Property History for 5/641 Esplanade, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$710,000
11 Mar 2022
Listed for Rent
$420/w
16 Aug 2019
  • 15 Aug 2024
    Listed for Sale $600,000
  • 29 Apr 2024
    Listed for Sale $640,000
  • 11 Mar 2022
    Sold for $710,000
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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 4,104 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.