OFF MARKET

7 New Street
Lakes Entrance VIC 3909

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 170m2
Land area: 592m2
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Property Details for 7 New St, Lakes Entrance

7 New St, Lakes Entrance is a 4 bedroom, 2 bathroom House and was built in 1960. The property has a land size of 592m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
House
Year Built
1960
Floor Size
170m2
Land Size
592m2
Local Government
East Gippsland
Lot/Plan
3/LP42659

Last Listing description (April 2020)

Situated in a quiet street capturing distant ocean views and that seaside feel. This tri level home also comprises dual living areas and fantastic outdoor entertaining, choose from the top balcony or the lower level alfresco depending on your weather. This home is ultra modern open plan living, roomy and bright. The 4 bedrooms (main of course with ensuite and WIR) are all a generous size as are the bathrooms plus oodles of storage space throughout. The home is kept comfortable year round by reverse cycle heating and cooling, an AC and a wood combustion heater. The land this home is situated upon has dual access, not only from New Street into the front carport but also from Ocean View Parade allowing access into the rear of the block for all the extra toys that come with living on the coast.This whole package is only 5 mins from the major shopping and services of Lakes Entrance and a minutes walk to access public transport.This home has so much to offer it must be inspected to be fully appreciated! Call today!

Property History for 7 New St, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$415,000
28 Feb 2020
  • 28 Feb 2020
    Sold for $415,000
  • 16 Sep 2017
    Listed for Sale $450,000
  • 19 Apr 2017
    Listed for Sale $439,000
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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.