406/1 Esplanade, Lakes Entrance, VIC 3909 | Property Value & History | OnTheHouse
 
OFF MARKET

406/1 Esplanade
Lakes Entrance VIC 3909

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 89m2
Land area: 6980m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 21 Sep 2026
Low
High
Share
Save

Property Details for 406/1 Esplanade, Lakes Entrance

406/1 Esplanade, Lakes Entrance is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 6980m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
2005
Floor Size
89m2
Land Size
6980m2
Local Government
East Gippsland
Lot/Plan
79/PS512350

Last Listing description (August 2026)

An excellent investment opportunity awaits with this dual-key apartment located within the popular Esplanade Resort & Spa, right in the heart of Lakes Entrance.

Positioned on the fourth floor, Apartment 406A & 406B enjoys lovely outlooks across the Cunninghame Arm, Bass Strait, and the resort pool area. The dual-key configuration allows the property to be let as a single apartment or as two separate suites, providing flexibility and strong potential for rental income.

Fully furnished and cleverly designed, the apartment comprises two self-contained living zones under one title. The main section features a well-appointed kitchen, light-filled living and dining area, and a spacious bedroom with ensuite. The second suite includes a private bedroom with kitchenette and ensuite, ideal for accommodating guests or maximising returns through the resort's rental pool.

Of further benefit, the property also includes a lock-up storage shed located within the resort's carpark, a valuable addition and one of only a handful available within the complex.

Whether you're searching for a low-maintenance investment, weekend getaway, or relaxed coastal base, this property offers versatility and convenience just moments from the iconic Ninety Mile Beach and Lakes Entrance waterways.

Resort facilities include:
Indoor and outdoor heated swimming pools
Tennis court and playground
On-site restaurant, bar and caf
Secure undercover parking and additional boat storage

Ideally located along the Esplanade, you're within easy walking distance to cafs, restaurants, shops, beaches and waterfront attractions.

For further information or to arrange an inspection, please contact Ryan Hooper at East Gippsland Real Estate on 0488 218 181 or 03 5155 6777.

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Show More

Property History for 406/1 Esplanade, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$295,000
12 Nov 2020
  • 11 Mar 2026
    Listed for Sale $425,000
  • 12 Nov 2020
    Sold for $295,000
  • 03 Sep 2020
    Listed for Sale $319,000
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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, 199 properties were sold in the past 12 months in Lakes entrance.

Lakes Entrance Profile Page

Suburb Insights for Lakes Entrance 3909

Visit Lakes Entrance profile page
Market Insights
Lakes Entrance Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Lakes Entrance Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Lakes Entrance profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. 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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED