1/247 Esplanade, Lakes Entrance$480,000
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For Saleapartment

1/247 Esplanade

Lakes Entrance, VIC 3909, Australia
$480,000
2 bed 1 bath 2 car97 m²

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About this property

Positioned right on the Esplanade waterfront in Lakes Entrance, this beautifully located two-bedroom apartment offers relaxed coastal living with everything at your doorstep. Whether you're searching for the perfect holiday escape, a low-maintenance downsizer, or a smart investment in a tightly held location, this property delivers lifestyle and value in equal measure. Enjoy easy walking access to cafés, restaurants, shops and the marina, while the apartment itself provides light-filled open-plan living, a functional kitchen, 2 private balconies and secure parking with additional storage. Property highlights: Prime Esplanade waterfront position Two comfortable bedrooms Spacious open-plan living and dining Private balcony with water outlook Secure car accommodation plus storage unit Walk-everywhere lifestyle location Ideal holiday home, downsizer or investment opportunity Outstanding value at $495,000 Wake up to the water, step outside to the marina precinct, and enjoy everything Lakes Entrance has to offer right from your front door. Disclaimer: To respect the privacy of the current tenant, some marketing images include digitally staged furniture intended to illustrate how the spaces may be presented. The property is currently tenanted and furnishings shown may differ from those present at inspection. Disclaimer: 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.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
2
Land Area
97 m²
Listed
3 months ago

Repayment calculator

$2,327/month
$1,164 /fortnight
Loan $384,000 at 6.10% over 30 years

Upfront costs

Deposit$96,000
Stamp duty$23,870
Conveyancing (est.)$2,000
Total upfront$121,870
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Lakes Entrance

This 2-bedroom apartment in Lakes Entrance, VIC 3909 sits within reach of public transport, and nearby schools. It is listed 19% below the $595,000 median of 66 comparable apartmentswithin 5 km.

Schools near Lakes Entrance

  • Lakes Entrance Primary Schoolprimary · Prep-6 · CoEd
  • Lakes Entrance Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • Clarkes Rd/Roadknight St (bus)2.0 km away

Lakes Entrance at a glance

Full suburb profile
Population
5,145
Median age
55
Household income
$866/wk
Median rent
$252/wk
Median mortgage
$1,227/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Lakes Entrance price trend

Median sold · Unit 2 bed

Compound growth +1.6% / yr over 4 yrs

$380kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Lakes Entrance market

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Price history

Price history

Listing price changes

1 price change recorded for this property

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