1/247 Esplanade, Lakes Entrance, VIC 3909 | Property Value & History | OnTheHouse
OFF MARKET

1/247 Esplanade
Lakes Entrance VIC 3909

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 117m2
Land area: 932m2
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Property Details for 1/247 Esplanade, Lakes Entrance

1/247 Esplanade, Lakes Entrance is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 932m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
2005
Floor Size
117m2
Land Size
932m2
Local Government
East Gippsland
Lot/Plan
2/PS605972

Last Listing description (April 2025)

Situated in a prime location on the second level we offer you this open plan two bedroom spacious unit within the 'Harbour Views' apartment complex.

Centrally located the position creates a real ease to your living style. Its only a short walk to anywhere you need to be within town. Offering great water views from the south facing verandah enabling your days to fly by watching the boats come and go from the marina and the people passing by.

The complex offers great security and undercover parking, access your apartment via one flight of stairs.

Would make a perfect investment choice, currently tenanted with a great long term tenant who would happily stay on.

Contact our office today on 5155 3133, and let us arrange you a walk through your new property!

Property History for 1/247 Esplanade, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$475,000
09 Aug 2021
Listed for Rent
$360/w
02 Dec 2019
  • 18 May 2024
    Listed for Sale $520,000
  • 09 Aug 2021
    Sold for $475,000
  • 02 Dec 2019
    Listed for Rent - Price not available
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About Lakes Entrance 3909

The size of Lakes Entrance is approximately 28.1 square kilometres. It has 19 parks covering nearly 17.7% of total area. The population of Lakes Entrance in 2016 was 4810 people. By 2021 the population was 5145 showing a population growth of 7.0% in the area during that time. The predominant age group in Lakes Entrance is 60-69 years. Households in Lakes Entrance are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lakes Entrance work in a community and personal service occupation.In 2021, 67.60% of the homes in Lakes Entrance were owner-occupied compared with 65.80% in 2016.

Lakes Entrance has 4,280 properties. Over the last 5 years, Houses in Lakes Entrance have seen a 57.25% increase in median value, while Units have seen a 74.23% increase. As at 31 October 2025:

  • The median value for Houses in Lakes Entrance is $572,418 while the median value for Units is $383,720.
  • Houses have a median rent of $485 while Units have a median rent of $350.
There are currently 110 properties listed for sale, and 11 properties listed for rent in Lakes entrance on OnTheHouse. According to Cotality's data, 149 properties were sold in the past 12 months in Lakes entrance.

Suburb Insights for Lakes Entrance 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.