OFF MARKET

671 Esplanade
Lakes Entrance VIC 3909

Bedrooms: 1
Bathrooms: -
Car spaces: 1
Land area: 2116m2
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Property Details for 671 Esplanade, Lakes Entrance

671 Esplanade, Lakes Entrance is a 1 bedroom, 0 bathroom Unit with 1 parking spaces. The property has a land size of 2116m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Land Size
2116m2
Local Government
East Gippsland
Lot/Plan
1/LP78369

Last Listing description (August 2019)

- Reduced to sell
- Potential high return
- Beaches Family Holiday Apartments, Lakes Entrance

- Over 2000 sqm (approx.) of land & nearly 20 metres frontage to Esplanade
- All units have been refurbished apartments
- Thirteen in total ranging from studio one bedroom, two and three bedroom
- Opposite the lake, short walk to shops & Ninety Mile Beach

Property History for 671 Esplanade, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$810,000
28 Jul 2021
  • 28 Jul 2021
    Sold for $810,000
  • 21 Jun 2019
    Sold for $605,000
  • 28 Nov 2018
    Listed for Sale FHGC $899,000

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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 106 properties listed for sale, and 6 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.