5/641 Esplanade, Lakes Entrance, VIC 3909 | Property Value & History | OnTheHouse
OFF MARKET

5/641 Esplanade
Lakes Entrance VIC 3909

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 155m2
Land area: 709m2
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Property Details for 5/641 Esplanade, Lakes Entrance

5/641 Esplanade, Lakes Entrance is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 709m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
Unit
Year Built
1995
Floor Size
155m2
Land Size
709m2
Local Government
East Gippsland
Lot/Plan
5/PS406131

Last Listing description (June 2025)

Situated on the entire top floor, with a large balcony on two sides, this home boasts an exclusive and private haven. The panoramic water views from this penthouse are nothing short of spectacular. Step inside to discover a tastefully designed living space, adorned with sliding doors and large windows that flood the interior with natural light. Three bedrooms and two bathrooms make it ideal for permanent residence or investment. The white kitchen, complemented by timber benches, adds a touch of sophistication to the heart of the home. Wake up to the mesmerizing outlook and step directly from your master bedroom to the private balcony to soak in the beauty of Lakes Entrance. Tiled floors adorn all living areas, ensuring both beauty and practicality. The low-maintenance design allows you to spend more time enjoying the stunning surroundings and less time on upkeep. The added bonus of a double garage adds an extra layer of convenience, providing secure parking for your vehicles and additional storage space. Enjoy the convenience of being close to shops and amenities. Contact King & Heath today for a private viewing and experience the allure of waterfront living at its finest.

Property History for 5/641 Esplanade, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$555,000
06 Dec 2024
Listed for Rent
$420/w
16 Aug 2019
  • 06 Dec 2024
    Sold for $555,000
  • 15 Aug 2024
    Listed for Sale $600,000
  • 29 Apr 2024
    Listed for Sale $640,000
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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 4,358 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 13 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.

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.