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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 1 of 1 investment properties found in Lakes Entrance on realestateinvestar.com.au

15 Middle St, Lakes Entrance

$595,000

property pic

LAKESIDE AND BEACHSIDE LIVING!

Located within the popular seaside township of Lakes Entrance and only meters away from the shores of the Gippsland Lakes, this home is certain to tick a lot of your boxes! Consisting of a unique two-bedroom home including separate well-appointed kitchen and dining area combined, main living room ...

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4

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House

VIC 3909


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