42 Don Road, Lakes Entrance$650,000
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42 Don Road

Lakes Entrance, VIC 3909, Australia
$650,000
6 bed 3 bath 6 car729 m²

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About this property

Positioned in a convenient Lakes Entrance location, 42 Don Road presents a rare opportunity to secure two separate dwellings on one title, offering outstanding flexibility for investors, extended families, or buyers seeking dual income potential. The front residence features two bedrooms, one bathroom, off street parking, providing comfortable accommodation with plenty of character and practicality. Privately positioned on the same title, the rear residence is a four-bedroom, two-bathroom home, with a garage and contemporary family living. Having dual residence also lends itself perfectly as a granny flat for extended family or independent living, while the property's versatile layout provides the opportunity to live in one and rent the other, lease both for dual income, or accommodate multiple generations under the one title. Properties offering two homes on one title are rarely available, making 42 Don Road an exceptional opportunity to secure flexibility, strong rental potential, and long-term value in one unique package. For more information call our office on 03 5155 1201!

Property Details

Property Type
land
Listing Type
For Sale
Bedrooms
6
Bathrooms
3
Parking
6
Land Area
729 m²
Listed
2 weeks ago

Repayment calculator

$3,151/month
$1,576 /fortnight
Loan $520,000 at 6.10% over 30 years

Upfront costs

Deposit$130,000
Stamp duty$34,070
Conveyancing (est.)$2,000
Total upfront$166,070
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 6-bedroom land in Lakes Entrance, VIC 3909 sits within reach of public transport, and nearby schools. It is listed 25% above the $520,000 median of 76 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

  • Don Rd/Palmers Rd (bus)149 m 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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Within 5km

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