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42 Albatross Road, Kalimna$615,000
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42 Albatross Road

Kalimna, VIC 3909, Australia
$615,000
3 bed 2 bath 4 car591 m²

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About this property

Settled into a quiet, sought-after pocket just minutes from Lakes Entrance, this well-presented brick home offers the perfect blend of comfort, convenience, and investment potential. Featuring: 3 spacious bedrooms 2 bathrooms, including ensuite Double garage with internal access Light-filled open plan living and dining Modern kitchen with island bench Low-maintenance 579m² (approx.) block Generous backyard with space to enjoy This single-level home is ideal for families, retirees, or investors seeking a solid, easy-care property in a growing coastal region. Investment Highlights: Currently tenanted at $420 per week Approx. gross yield: 4.0% 4.5% Potential to increase rent toward $460$520/week (subject to market conditions) Strong rental demand in the Lakes Entrance / Kalimna area Located in a peaceful suburban living with close proximity to: Lakes Entrance waterfront & beaches Local shops, cafes, and amenities Walking tracks and natural surrounds Whether you're looking to invest, downsize, or secure your first home, this property presents excellent value with immediate income and future upside. Enquire today to arrange an inspection 03 5155 3133 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
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
4
Land Area
591 m²
Listed
3 months ago

Repayment calculator

$2,981/month
$1,491 /fortnight
Loan $492,000 at 6.10% over 30 years

Upfront costs

Deposit$123,000
Stamp duty$31,970
Conveyancing (est.)$2,000
Total upfront$156,970
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 Kalimna

This 3-bedroom house in Kalimna, VIC 3909 sits within reach of public transport, local shops local amenities. It is listed 12% above the $550,000 median of 73 comparable houseswithin 5 km.

What's nearby

  • 59 Point Rd (bus)612 m away
  • Sea Myth Fishing Charters1.3 km away
  • Unnamed910 m away
  • Unnamed1.2 km away
  • Unnamed1.4 km away

Kalimna at a glance

Full suburb profile
Population
1,350
Median age
54
Household income
$1,055/wk
Median rent
$280/wk
Median mortgage
$1,256/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Kalimna price trend

Median sold · House 3 bed

Compound growth +2.9% / yr over 4 yrs

$540kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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