42 Albatross Road, Kalimna, VIC 3909 | Property Value & History | OnTheHouse
FOR SALE

42 Albatross Road
Kalimna VIC 3909

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 138m2
Land area: 591m2
This property is currently on the market
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Property Details for 42 Albatross Rd, Kalimna

42 Albatross Rd, Kalimna is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 591m2 and floor size of 138m2.This Property is currently listed for sale with Shoreside Real Estate

Building Type
House
Year Built
2006
Floor Size
138m2
Land Size
591m2
Local Government
East Gippsland
Lot/Plan
539/LP54626

Last Listing description (May 2026)

Settled into a quiet, sought-after pocket just minutes from Lakes Entrance, this well-presented brick home offers the perfect blend of comfort, convenience, and investment potential.

Featuring:
3 spacious bedrooms

2 bathrooms, including ensuite
Double garage with internal access
Light-filled open plan living and dining
Modern kitchen with island bench
Low-maintenance 579m (approx.) block
Generous backyard with space to enjoy

This single-level home is ideal for families, retirees, or investors seeking a solid, easy-care property in a growing coastal region.

Investment Highlights:
Currently tenanted at $420 per week
Approx. gross yield: 4.0% 4.5%
Potential to increase rent toward $460$520/week (subject to market conditions)
Strong rental demand in the Lakes Entrance / Kalimna area

Located in a peaceful suburban living with close proximity to:
Lakes Entrance waterfront & beaches
Local shops, cafes, and amenities
Walking tracks and natural surrounds

Whether you're looking to invest, downsize, or secure your first home, this property presents excellent value with immediate income and future upside.

Enquire today to arrange an inspection 03 5155 3133

Disclaimer:
Due Diligence Checklist

What you need to know before buying a residential property. Before you buy a home, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you if you buy it. This checklist aims to help you identify whether any of these issues will affect you. The questions are a starting point only and you may need to seek professional advice to answer some of them. You can find links to organisations and web pages that can help you learn more by visiting the due diligence checklist page on the Consumer Affairs Victoria website (consumer.vic.gov.au/duediligencechecklist).

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries.

Property History for 42 Albatross Rd, Kalimna, VIC 3909

A timeline of how this property has performed in the market
Last Transferred
07 Apr 2009
Listed for Rent
$380/w
15 Jul 2021
  • 20 Mar 2026
    Listed for Sale $615,000
  • 08 Jul 2021
    Listed for Rent - Price not available
  • 26 Sep 2016
    Listed for Rent - Price not available
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About Kalimna 3909

The size of Kalimna is approximately 8.0 square kilometres. There are 2 parks, covering nearly 0.2% of the total area. The population of Kalimna in 2016 was 1249 people. By 2021 the population was 1350 showing a population growth of 8.1% in the area during that time. The predominant age group in Kalimna is 60-69 years. Households in Kalimna are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kalimna work in a labourer occupation.In 2021, 79.50% of the homes in Kalimna were owner-occupied compared with 76.90% in 2016.

Kalimna has 840 properties. Over the last 5 years, Houses in Kalimna have seen a 27.69% increase in median value, while Units have seen a 61.84% increase. As at 30 April 2026:

  • The median value for Houses in Kalimna is $578,608 while the median value for Units is $406,498.
  • Houses have a median rent of $450 while Units have a median rent of $210.
There are currently 31 properties listed for sale, and no properties listed for rent in Kalimna on OnTheHouse. According to Cotality's data, 25 properties were sold in the past 12 months in Kalimna.

Suburb Insights for Kalimna 3909

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.