166 Thorpes Lane, Lakes Entrance, VIC 3909 | Property Value & History | OnTheHouse
OFF MARKET

166 Thorpes Lane
Lakes Entrance VIC 3909

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 136m2
Land area: 585m2
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Property Details for 166 Thorpes Lane, Lakes Entrance

166 Thorpes Lane, Lakes Entrance is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 585m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
House
Floor Size
136m2
Land Size
585m2
Local Government
East Gippsland
Lot/Plan
1/TP167456

Last Listing description (March 2020)

Situated upon a 586m2 allotment is this 3 bedroom home ready for its new investors.
The tenant is fixed term and keen to stay on, their current lease ends in June 2020.
This is an attractive investment to add to your portfolio with a return of approx. 5.3%!

Upon entry you are greeted with a nice lounge space with split system heating and cooling and sliding doors that open onto the huge decked area for entertaining guests. There is a nice distant view of Bass Strait just to sweeten the deal.
The open kitchen/dining area is complete with breakfast bar and electric cooking.
The bathroom with separate bath and a good sized laundry.
Outside there is a garden shed and plenty of under house storage with a fantastic sized fully secure yard. This home would also suit the first home buyers. This lovely home is only 10 minutes from the center of Lakes Entrance.
Call us at Elders today and we will happily arrange your new home inspection

Property History for 166 Thorpes Lane, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$257,000
14 Mar 2020
Listed for Rent
$270/w
10 May 2019
  • 14 Mar 2020
    Sold for $257,000
  • 08 Feb 2020
    Transferred
  • 19 Nov 2019
    Listed for Sale $265,000
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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.