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

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

	7 alieca rise, lakes entrance, vic, 3909				$359,000
	12 ewing ct, lakes entrance, vic, 3909	4	2	2	$540,000
	34a capes rd, lakes entrance, vic, 3909				Contact Agent
	unit 5, beachcomber holiday units, 603 esplanade, lakes entrance, vic, 3909	3	4	2	$735,000
	unit 2, 63 myer st, lakes entrance, vic, 3909	2	1	1	$395,000
	30 mechanics st, lakes entrance, vic, 3909	4	3	2	$825,000
	13 lyrebird ct, lakes entrance, vic, 3909	4	2	1	$655,000

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