16 Ostlers Road, Lakes Entrance$950,000
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16 Ostlers Road

Lakes Entrance, VIC 3909, Australia
$950,000
5.89 ha

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About this property

Positioned within one of Lakes Entrance's key growth corridors, 16 Ostlers Road presents an exceptionally rare opportunity to secure a significant residential development site in a highly sought-after coastal township. Spanning approximately 14.5 acres and zoned General Residential (GRZ), this substantial landholding offers outstanding scope for a broad range of residential development outcomes or strategic land banking in a market underpinned by strong demand and limited housing supply. The gently sloping topography, sweeping ocean outlooks, and close to 200 metres of road frontage combine to create a highly versatile and visually impressive site. Its scale and setting provide the ideal foundation for a thoughtfully designed residential community that embraces the relaxed coastal lifestyle Lakes Entrance is known for. With its position in a high-growth area and proximity to town amenities, this is a rare chance for developers and investors to capitalise on a standout parcel of land in one of Victoria's most desirable regional coastal locations. View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Property Details

Property Type
land
Listing Type
For Sale
Land Area
5.89 ha
Listed
2 months ago

Repayment calculator

$4,606/month
$2,303 /fortnight
Loan $760,000 at 6.10% over 30 years

Upfront costs

Deposit$190,000
Stamp duty$52,070
Conveyancing (est.)$2,000
Total upfront$244,070
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 land in Lakes Entrance, VIC 3909 sits within reach of public transport, and nearby schools. It is listed 90% above the $499,599 median of 65 comparable landswithin 5 km.

Schools near Lakes Entrance

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

What's nearby

  • Lakes Aquadome/43 Palmers Rd (bus)1.5 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 · House 3 bed

Compound growth +2.4% / yr over 4 yrs

$533kcurrent median

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Price history

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1 price change recorded for this property

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