2. VIC
  3. East Gippsland

Houses Units

Here you can find what you need to know about Lakes Entrance, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$545K Median Sale Price (National Average $485k) 576th In VIC
5.83% Median Sale Price Change (1yr) (National Average 4.30%) 98th In VIC
$420pw Median Rent (National Average $395) 551st In VIC
4.0% Median Gross Yield (National Average 4.24%) 182nd In VIC
Properties sold 82
Average discounting -7.37%
Average Days on Market 104
Stock on Market 121 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Lakes Entrance, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Lakes Entrance, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Lakes Entrance, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Lakes Entrance


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State Auction Clearance Rates


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Suburb Information

Lakes Entrance, VIC 3909

Part of: East Gippsland Council No data available

The size of Lakes Entrance is approximately 28.1 square kilometres. It has 19 parks covering nearly 17.7% of total area. The population of Lakes Entrance in 2011 was 4,569 people. By 2016 the population was 4,801 showing a population growth of 5.1% 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 labourer occupation. In 2011, 65% of the homes in Lakes Entrance were owner-occupied compared with 65.8% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Lakes Entrance

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Lakes Entrance   for Houses in last 12 months


There have been 82 Houses sold in Lakes Entrance in the past 12 months with a median sale price of $545K, up 5.8% annually. It takes on average 100 days to sell with vendor discounting of -7.4%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Bairnsdale VIC, 3875 -3.89% $425,000 $430pw 5.3% View Suburb Profile
Metung VIC, 3904 -8.47% $675,000 $460pw 3.5% View Suburb Profile
Lakewood NSW, 2443 -7.77% $712,500 Unavailable Unavailable View Suburb Profile
Kalimna VIC, 3909 -19.53% $410,000 $450pw 5.7% View Suburb Profile
Bridgewater TAS, 7030 -7.44% $416,500 $440pw 5.5% View Suburb Profile
Bonogin QLD, 4213 19.07% $1,630,000 $1,195pw 3.8% View Suburb Profile

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