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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 Hillcrest Rise, Lakes Entrance

$660,000

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ELEVATED HOME WITH STUNNING WATER VIEWS

Positioned high on the hill in a quiet and sought after pocket of Lakes Entrance, this solid brick veneer, double storey residence offers breathtaking outlooks across Bass Strait and the Gippsland Lakes, combined with spacious, functional living. 5 mins drive to town centre, Cunningham arm beach, ...

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VIC 3909


Lot 61,31 Lady Harriet Dr, Lakes Entrance

$597,461

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

Coral's floorplan designs are ideal for modern, close-knit families. The formal living at the front of the home provides you the option to make this a formal dining room, or otherwise a lounge area. It has the beauty of being flexible at different stages of life. The open-plan kitchen faces the ...

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House

VIC 3909


Lot 320,12 Sandbar Dr, Lakes Entrance

$581,061

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

Cole packs a punch in its compact yet convenient floorplan design. Shopping will be a breeze as you unload the car in the double garage and immediately enter the kitchen to fill the fridge and pantry. Three bedrooms plus a study, together with a sunlit open plan family room and meals area, provide ...

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VIC 3909


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