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Lakes Entrance
VIC, 3909 - East Gippsland

Thinking about buying in Lakes Entrance? Now could not be a better time, with 4741 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $535,000 with prices in this suburb ranging from $32,000 to $2,940,000. Lakes Entrance is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent $254.80
Median Monthly Mortgage $1169.30
Median Persons Per Bedroom 0.68
Average Household Size 2.00
Average Age 55.60
Average Income $508.70
Average Cars Per Dwelling 1.59
Average Properties Within 50M 15

Housing Stock

Average Property Prices

1 Bed  $439,000
2 Bed  $414,000
3 Bed  $561,000
4 Bed  $706,000
5 Bed  $923,000
6 Bed+$560,000

Lakes Entrance Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Lakes Entrance driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Lakes Entrance due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Lakes Entrance changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Lakes Entrance to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Lakes Entrance the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Lakes Entrance

Harcourts 36 LAKEVIEW DR, LAKES ENTRANCE, VIC, 3909 Beds Bathrooms $235,000 to $250,000
Harcourts 7 ALIECA RISE, LAKES ENTRANCE, VIC, 3909 Beds Bathrooms $359,000
Remax 34A CAPES RD, LAKES ENTRANCE, VIC, 3909 Beds Bathrooms Contact Agent
Remax UNIT 2, 63 MYER ST, LAKES ENTRANCE, VIC, 3909 Beds2 Bathrooms1 Parking 1 $395,000
Remax UNIT 2, 8 JEMMESON ST, LAKES ENTRANCE, VIC, 3909 Beds2 Bathrooms1 Parking 1 $465,000
Remax 13 LYREBIRD CT, LAKES ENTRANCE, VIC, 3909 Beds4 Bathrooms2 Parking 1 $655,000
Remax UNIT 5, BEACHCOMBER HOLIDAY UNITS, 603 ESPLANADE, LAKES ENTRANCE, VIC, 3909 Beds3 Bathrooms4 Parking 2 $735,000
Remax 46 NAUTILUS WAY, LAKES ENTRANCE, VIC, 3909 Beds4 Bathrooms2 Parking 4 $1,085,000
Remax 23 MYER ST, LAKES ENTRANCE, VIC, 3909 Beds Bathrooms $645,000

Local Schools

Lakes Entrance Primary School

St Brendan's School

Lakes Entrance Secondary College

Toorloo Arm Primary School

(While the above schools are located with the suburb of Lakes Entrance there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Lakes Entrance weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.914.525.148.889.02.522.0
Feb2.214.524.751.291.22.419.2
Mar2.513.322.753.090.82.515.1
Apr2.311.019.553.989.82.812.4
May2.08.615.856.287.33.19.3
Jun2.86.513.161.589.23.07.7
Jul2.26.313.257.786.93.48.0
Aug1.86.113.950.686.33.510.4
Sept2.47.917.247.988.43.214.5
Oct2.79.219.348.889.92.918.3
Nov2.711.121.349.590.92.721.4
Dec2.313.123.946.889.62.523.8

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Lake BungaKalimnaLake Tyers BeachKalimna WestNyerimilangToorloo ArmLake Tyers CommunityNungurnerLake TyersSwan Reach

Public Transport


General Points of Interest

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