2/50-54 Palmers Road, Lakes Entrance, VIC 3909 | Property Value & History | OnTheHouse
OFF MARKET

2/50-54 Palmers Road
Lakes Entrance VIC 3909

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 162m2
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Last updated 1 Dec 2025
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Property Details for 2/50-54 Palmers Rd, Lakes Entrance

2/50-54 Palmers Rd, Lakes Entrance is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 162m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Floor Size
72m2
Land Size
162m2
Local Government
East Gippsland
Lot/Plan
5/SP25705

Last Listing description (February 2024)

Offering an unrivalled lifestyle in the heart of Lakes Entrance, this solid brick residence is the ideal rental investment, first home or holiday unit getaway. Situated opposite the Lakes Aquadome, close to Eastern Beach and an easy walk to the main shopping centre and medical facilities.
The design reveals a functional floor plan with a spacious living room with reverse cycle air conditioner, separate kitchen and dining area, two bedrooms with built in robes, spacious laundry and a brand new bathroom. Off street parking with paved courtyard and a single garage.

Currently rented until July 2021 at $310 per week.
Contact LJ Lakes Entrance to arrange your inspection today on 5155 6777

Property History for 2/50-54 Palmers Rd, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$220,000
20 Feb 2021
Listed for Rent
25 Dec 2020
  • 20 May 2021
    Listed for Sale Sold
  • 13 Apr 2021
    Listed for Sale Sold
  • 20 Feb 2021
    Sold for $220,000
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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.