OFF MARKET

59 Esplanade
Lakes Entrance VIC 3909

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 590m2
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Property Details for 59 Esplanade, Lakes Entrance

59 Esplanade, Lakes Entrance is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 590m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
House
Year Built
2007
Land Size
590m2
Local Government
East Gippsland
Lot/Plan
3/LP18663

Last Listing description (February 2018)

Take advantage of this once in a lifetime opportunity to acquire a water front property in the best location in Lakes Entrance. This home has only been offered for sale once before, and is zoned Business 1. Offering an exceptional investment opportunity to further develop the site or simply make this your dream coastal home. Set on a corner block with uninterrupted views of the lakes comprising of a double storey dwelling featuring 3 good sized bedrooms with built in robes, 2 showers and plenty of storage downstairs. The top floor consists of an all electric kitchen with plenty of bench space, pantry and dining area. Step through to the huge living area and take in the beautiful lake views from inside or relax on the second floor balcony overlooking the water. With the beach across the road, and the convenience of boats ramps, supermarkets, cafes and shops at the end of the street, don't miss out on this golden opportunity.

Property History for 59 Esplanade, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$540,000
28 Nov 2017
Listed for Rent
$320/w
13 Nov 2017
  • 28 Nov 2017
    Sold for $540,000
  • 21 Oct 2017
    Listed for Rent $320 / week
  • 13 Jun 2017
    Listed for Sale $588,000
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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 4,098 properties. Over the last 5 years, Houses in Lakes Entrance have seen a 84.67% increase in median value, while Units have seen a 67.70% increase. As at 31 August 2024:

  • The median value for Houses in Lakes Entrance is $580,846 while the median value for Units is $360,095.
  • Houses have a median rent of $445 while Units have a median rent of $333.
There are currently 116 properties listed for sale, and 5 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 109 properties were sold in the past 12 months in Lakes entrance.

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