OFF MARKET

5 Jetty Road
Lakes Entrance VIC 3909

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 130m2
Land area: 583m2
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Last updated 14 Oct 2024
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Property Details for 5 Jetty Rd, Lakes Entrance

5 Jetty Rd, Lakes Entrance is a 2 bedroom, 1 bathroom House. The property has a land size of 583m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Floor Size
130m2
Land Size
583m2
Local Government
East Gippsland
Lot/Plan
44/LP13178

Last Listing description (November 2022)

This property has ample of potential!
With the right mind and a good eye for detail, this is a great investment opportunity to take on.
With potential to either renovate the existing units or knock them down and build new units, this will be rewarding at the end which ever way you decide to go.

Located in the flat area of town, this property is only a short walk to the Cunningham Arm or even Eastern Beach.
Call King & Heath on 03 5155 1201 for more information. Selling 7 days for your convenience.

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Property History for 5 Jetty Rd, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$360,000
10 Nov 2022
  • 10 Nov 2022
    Sold for $360,000
  • 03 Oct 2022
    Listed for Sale $360,000
  • 17 May 2022
    Listed for Sale $400,000
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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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