408/1 Esplanade, Lakes Entrance, VIC 3909 | Property Value & History | OnTheHouse
OFF MARKET

408/1 Esplanade
Lakes Entrance VIC 3909

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 87m2
Land area: 6980m2
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Property Details for 408/1 Esplanade, Lakes Entrance

408/1 Esplanade, Lakes Entrance is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 6980m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2005
Floor Size
87m2
Land Size
6980m2
Local Government
East Gippsland
Lot/Plan
78/PS512350

Last Listing description (November 2022)

Set in a central positions soaking in amazing views of the North Arm this large two bedroom dual bathroom apartment offers an oversized floor plan and master bedroom, making this the ideal apartment for permanent living. Currently providing unbeatable income returns as an investment you will have many options available to you. Make your viewing time today by contacting selling agents today on 51 554555.

Property History for 408/1 Esplanade, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$465,000
14 Nov 2022
  • 14 Nov 2022
    Sold for $465,000
  • 31 Oct 2022
    Listed for Sale $465,000
  • 15 Oct 2003
    Sold for $343,250
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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 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 109 properties listed for sale, and 12 properties listed for rent in Lakes entrance on OnTheHouse. According to Cotality's data, 147 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.