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. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 3 bedroom House sold in Kalimna in the last 12 months.
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
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.
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 837 properties. Over the last 5 years, Houses in Kalimna have seen a 20.47% increase in median value, while Units have seen a 42.72% increase. As at 31 July 2026:
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