40/7 Willis Street, Lakes Entrance, VIC 3909 | Property Value & History | OnTheHouse
OFF MARKET

40/7 Willis Street
Lakes Entrance VIC 3909

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Last updated 21 Sep 2026
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Property Details for 40/7 Willis St, Lakes Entrance

40/7 Willis St, Lakes Entrance is a 2 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
East Gippsland

Last Listing description (July 2026)

Perfectly positioned within a well-maintained park in Lakes Entrance, this fully furnished onsite caravan and annex offers an affordable and low-maintenance coastal escape. Currently set up as an annual site but can be changed to permanent (site fees apply), this is an ideal option for holidaymakers, downsizers or those seeking a simple seaside lifestyle.
Step inside to find a comfortable layout featuring a double bed plus double bunks, an internal kitchenette with gas cooking and appliances and a private ensuite bathroom complete with toilet and shower. The annex provides extra living space while the TV and DVD player ensure easy relaxation.
Outside, enjoy the front deck-perfect for BBQs and outdoor dining - along with side parking suitable for a car or boat. A small garden shed sits at the rear offering handy additional storage.

Ideally located near the amenities and games room and within walking distance to shops, schools and the beach, this walk-in/walk-out setup is ready for you to enjoy from day one. PARK FEES APPLY. Cannot be used as an Airbnb or permanent rental.
Do not miss this affordable opportunity to secure your own slice of Lakes Entrance living.

Property History for 40/7 Willis St, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
  • 30 Jun 2026
    Listed for Sale $18,000
  • 26 Nov 2025
    Listed for Sale $18,000
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About Lakes Entrance 3909

The size of Lakes Entrance is approximately 28.1 square kilometres. There are 19 parks, covering nearly 17.7% of the 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 4,353 properties. Over the last 5 years, Houses in Lakes Entrance have seen a 18.86% increase in median value, while Units have seen a 28.64% increase. As at 31 August 2026:

  • The median value for Houses in Lakes Entrance is $570,097 while the median value for Units is $389,419.
  • Houses have a median rent of $490 while Units have a median rent of $360.
There are currently 108 properties listed for sale, and 15 properties listed for rent in Lakes entrance on OnTheHouse. According to Cotality's data, 201 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.