11 Penang Boardwalk, Lakes Entrance, VIC 3909 | Property Value & History | OnTheHouse
 
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11 Penang Boardwalk
Lakes Entrance VIC 3909

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 250m2
Land area: 319m2
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Property Details for 11 Penang Boardwalk, Lakes Entrance

11 Penang Boardwalk, Lakes Entrance is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 319m2 and floor size of 250m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Floor Size
250m2
Land Size
319m2
Local Government
East Gippsland
Lot/Plan
2/PS631903

Last Listing description (February 2024)

An absolute delight to inspect is this 3 bedroom, double story townhouse in a fabulous little development known as Penang Boardwalk. Located at the base of Myer Street hill that provides quick and easy walking and driving access to everything in town. And where else can you find a home in the town area where you can also enjoy views of the north arm lake? It's a vista you'll never tire of.

Internally this spacious home that also includes a 3 person lift as alternate access to the main upstairs living area, kitchen, main bedroom and outdoor living is loaded with space at every turn. Much more than a unit - this appealing to the eye building is a home, a home of great proportions that is the best solution we've found for those wanting to scale down from a house and a quarter acre block to something much easier to maintain providing you with a lifestyle you deserve. There's no shortage of space storage here, with every single room and living area excelling and will accommodate any piece of furniture you have.

Appealing also is that each property is separately titled meaning there is NO owners corporation/body corporate fees to consider. Be part of this fabulous community and book your inspection today.

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Property History for 11 Penang Boardwalk, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$720,000
03 Aug 2021
Listed for Rent
$400/w
02 Jul 2019
  • 03 Aug 2021
    Sold for $720,000
  • 13 Jun 2019
    Transferred
  • 12 Mar 2019
    Listed for Rent $430 / week
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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.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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