5 Mcrae Street, Lakes Entrance, VIC 3909 | Property Value & History | OnTheHouse
OFF MARKET

5 Mcrae Street
Lakes Entrance VIC 3909

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 188m2
Land area: 1042m2
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Last updated 21 Sep 2026
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Property Details for 5 Mcrae St, Lakes Entrance

5 Mcrae St, Lakes Entrance is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 1042m2 and floor size of 188m2. While the property is not currently for sale or for rent, it was last sold in August 2014.

Building Type
House
Year Built
1975
Floor Size
188m2
Land Size
1042m2
Local Government
East Gippsland
Lot/Plan
59/LP44516

Last Listing description (August 2014)

Tranquillity
Tucked away where no one will find you and yet so close to town, this two bedroom holiday home oozes character. With amazing views overlooking the Bass Strait and the Golf Course, this property is situated on a large 1,055m2 allotment with subdivision potential. This hidden gem must be seen to be appreciated.

Property History for 5 Mcrae St, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$285,000
21 Aug 2014
Listed for Rent
$250/w
13 Oct 2011
  • 21 Aug 2014
    Sold for $285,000
  • 24 Jun 2014
    Listed for Sale 295000
  • 25 Aug 2011
    Listed for Rent - Price not available
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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 4,357 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 112 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.