2/70 Palmers Road, Lakes Entrance, VIC 3909 | Property Value & History | OnTheHouse
OFF MARKET

2/70 Palmers Road
Lakes Entrance VIC 3909

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 566m2
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Last updated 8 Dec 2025
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Property Details for 2/70 Palmers Rd, Lakes Entrance

2/70 Palmers Rd, Lakes Entrance is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 566m2.

Building Type
Unit
Land Size
566m2
Local Government
East Gippsland

Last Listing description (October 2021)

Currently occupied by long term tenants both these units would make an excellent investment to add to your current portfolio or maybe this could be your first to kick it off! Unit 1 is currently leased at $195.00 per weekUnit 2 is currently leased at $250.00 per weekThese units stand alone on this 566m2 block of land (approx) the properties are conveniently situated close to town, only a short 3 minute drive, there is a footpath to access town, the bus stop is only a stones throw away and the local indoor swimming pool and tennis courts are directly across the road.Both units are neat and tidy, regular maintenance has always been followed up. After many years they are ready to change hands and become a new owners investment opportunity.Call Elders Lakes Entrance today and we can arrange your new investment inspectionhttps://www.consumer.vic.gov.au/duediligencechecklist

Property History for 2/70 Palmers Rd, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Listed for Rent
$280/w
05 Jul 2021
  • 15 Mar 2021
    Listed for Sale $459,000
  • 30 Sep 2020
    Listed for Rent $250 / 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 4,282 properties. Over the last 5 years, Houses in Lakes Entrance have seen a 48.26% increase in median value, while Units have seen a 74.59% increase. As at 30 November 2025:

  • The median value for Houses in Lakes Entrance is $559,853 while the median value for Units is $383,687.
  • Houses have a median rent of $495 while Units have a median rent of $350.
There are currently 112 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.