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Investment Property Lakes Entrance, VIC, 3909

Suburb Snapshot

Lakes Entrance is a suburb in the East Gippsland Region of Victoria. Lakes Entrance has a population of 4,808 people and 19.90% of its occupants live in rental accommodation. The median listing price for houses is $645,000 and this has changed -4.45% over the past year and changed 2.38% over 2 years.

The median rent in Lakes Entrance for houses is $450 per week and the median rental yield is 3.62%. Stock on the market for houses/townhouses has changed 11.88% compared to last year and the average time to sell a house/townhouse is 203 days.The median listing price for units is $437,000 and this has changed -2.89% over the past year. The average unit takes 183 days to sell and the median rent for a unit in Lakes Entrance is $345 per week, producing a rental yield of 4.10%.

Supply & Demand in Lakes Entrance, East Gippsland

0.56%

Current vacancy rate


18

Rental stock available


4,808

Population


19.90%

Rental population


0.56%

Current vacancy rate


161

Rental stock available


45,041

Population


17.07%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Lakes Entrance, East Gippsland

  House Townhouses Units
Median listing price $645,000 NA $437,000
Median price change - last quarter -0.77% NA 0.00%
Median price change - 1 year -4.45% NA -2.89%
Median price change - 2 years 2.38% NA -0.12%
  House Townhouses Units
Median weekly rent $450 NA $345
Median yield % 3.62% NA 4.10%
Median rent change - 1 year 12.50% NA 11.29%
  House Units
Previous month sales 5 1
Stock on market previous month 113 28
Stock variance vs. last year 11.88% 12.00%
Average days on market 203 183

Lakes Entrance investment property listings

Showing 3 of 3 investment properties found in Lakes Entrance on realestateinvestar.com.au

7 Eastern Beach Rd, Lakes Entrance

$550,000

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Beautifully Renovated 3-Bedroom Coastal Home Move-In Ready

Beautifully renovated, move-in ready and positioned minutes from everything Lakes Entrance has to offer welcome to 7 Eastern Beach Road. Set on a low-maintenance 552sqm allotment, this stylish three-bedroom home blends modern comfort with relaxed coastal living, making it an exceptional ...

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VIC 3909


22 Bogong St, Lakes Entrance

$399,000

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JUMP INTO THE MARKET!

Nestled in the heart of Lakes Entrance, this charming 3-bedroom, 1-bathroom home presents an ideal opportunity for first-home buyers or investors. Offering a practical and comfortable layout, the property features three generous bedrooms and a well-appointed bathroom. Step outside to discover a ...

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House

VIC 3909


Lot 156 Apollo Dr, Lakes Entrance

$625,211

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HOUSE & LAND PACKAGE - HAVE YOUR DREAM HOME BUILT BY VICTORIAS L

Charismatic, creative style and day-to-day convenience are the inspiration for Franklin. Flooded with light, Franklin features an entertainer's kitchen with a walk-in pantry overlooking an expansive meals and family area. Bedrooms are positioned on one side of the home, away from living areas, ...

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VIC 3909


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