5/83 Esplanade, Lakes Entrance, VIC 3909 | Property Value & History | OnTheHouse
OFF MARKET

5/83 Esplanade
Lakes Entrance VIC 3909

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 112m2
Land area: 185m2
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Property Details for 5/83 Esplanade, Lakes Entrance

5/83 Esplanade, Lakes Entrance is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 185m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in August 2025.

Building Type
Unit
Year Built
2000
Floor Size
112m2
Land Size
185m2
Local Government
East Gippsland
Lot/Plan
5/PS526174

Last Listing description (June 2026)

Seize the extraordinary opportunity to revel in the luxury of effortless living with this stunning townhouse, ideally situated in one of Lakes Entrance's most coveted locations. Live the dream in this exceptional property, steps away from the dazzling Gippsland Lakes, offering breathtaking panoramic views and direct access to Lakes Entrance's unmatched amenities.

Experience ultimate convenience on the lower level, where an expansive open-plan living-dining area, a meticulously designed kitchen, and a practical powder room await. Connected seamlessly to the side-by-side double garage, this space ensures unparalleled ease and a seamless flow. Step out into the inviting alfresco area, a haven for outdoor dining, sun-soaked relaxation, and the invigorating sea breeze.

This property presents a fantastic investment opportunity, currently generating a rental income of $500.00 per week.

The upper level presents a thoughtfully designed layout with three generously sized bedrooms. The master bedroom boasts an ensuite and walk-in robe, while a family bathroom, including a bath, serves the other bedrooms. This residence epitomises comfort and sophistication at every turn. This property features brand-new carpets installed and a new split-system air conditioner.

Key Features
- New vinyl plank flooring to downstairs
- Split system heating and cooling main living and in two bedrooms.
- Powder Room
- Alfresco area
- Internal access from garage

Location Features
- Walking distance to town centre and footbridge going to the ocean and beaches
- Private - set back from main road
- Walking distance from the lake beaches

Make Lakes Entrance your home and embrace the coastal dream of Australia. Bid farewell to the hustle of city life while enjoying modern conveniences at your doorstep, with shops nearby and boats drifting by your window. This haven is ideal for those seeking a perfect holiday destination or a tranquil retirement.

Don't miss out on this unparalleled opportunity to elevate your life.

Call selling agent DANIEL SCHOEMAN on 0417 824 769 to secure your private viewing.
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Due Diligence Checklist

What you need to know before buying a residential property. Before you buy a home, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you if you buy it. This checklist aims to help you identify whether any of these issues will affect you. The questions are a starting point only and you may need to seek professional advice to answer some of them. You can find links to organisations and web pages that can help you learn more by visiting the due diligence checklist page on the Consumer Affairs Victoria website (consumer.vic.gov.au/duediligencechecklist).

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries.

*Please note that the image indicating the boundary lines is an estimate only. The actual boundary lines for this property are provided in the Section 32 / Vendor Statement.

Property History for 5/83 Esplanade, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$605,000
14 Aug 2025
Listed for Rent
09 Sep 2024
  • 05 Sep 2025
    Listed for Sale $618,500
  • 19 Aug 2025
    Listed for Sale $618,500
  • 14 Aug 2025
    Sold for $605,000
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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 111 properties listed for sale, and 14 properties listed for rent in Lakes entrance on OnTheHouse. According to Cotality's data, 204 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.