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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 -5.01% over the past year and changed 2.38% over 2 years.

The median rent in Lakes Entrance for houses is $430 per week and the median rental yield is 3.46%. Stock on the market for houses/townhouses has changed 19.42% compared to last year and the average time to sell a house/townhouse is 199 days.The median listing price for units is $425,000 and this has changed -0.59% over the past year. The average unit takes 178 days to sell and the median rent for a unit in Lakes Entrance is $335 per week, producing a rental yield of 4.09%.

Supply & Demand in Lakes Entrance, East Gippsland

0.59%

Current vacancy rate


19

Rental stock available


4,808

Population


19.90%

Rental population


0.51%

Current vacancy rate


148

Rental stock available


45,041

Population


17.07%

Rental population


0.94%

Current vacancy rate


29,256

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 $425,000
Median price change - last quarter -0.77% NA 0.00%
Median price change - 1 year -5.01% NA -0.59%
Median price change - 2 years 2.38% NA -4.82%
  House Townhouses Units
Median weekly rent $430 NA $335
Median yield % 3.46% NA 4.09%
Median rent change - 1 year 7.50% NA 6.34%
  House Units
Previous month sales 14 0
Stock on market previous month 123 26
Stock variance vs. last year 19.42% -10.34%
Average days on market 199 178

Lakes Entrance investment property listings

Showing 2 of 2 investment properties found in Lakes Entrance on realestateinvestar.com.au

12 Ewing Ct, Lakes Entrance

$540,000

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FAMILY HOME WITH OCEAN VIEWS!

Perched on an elevated block in a quiet court location, this fantastic 4 bedroom family home combines functionality & charm, with a beautiful outlook. The great size living room is a true highlight, enhanced by plenty of windows that frame views of the ocean, plus a sliding door which opens to the ...

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House

VIC 3909


341 Esp, Lakes Entrance

$520,000

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INVESTMENT IN PRIME ESPLANADE LOCATION

The lease features a fixed 4% annual increase in rent on each anniversary of the lease commencement, offering built-in rental growth. The current annual rent is approximately $27,000 plus GST, ensuring a solid net return. This approx. 127sqm building, situated on approx. 486sqm land is ...

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Commercial

VIC 3909


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