7 Mcrae Street, Lakes Entrance$1.30m
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For Salehouse

7 Mcrae Street

Lakes Entrance, VIC 3909, Australia
$1.30m
5 bed 3 bath 12 car7994 m²

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About this property

Set on an expansive 7,994sqm allotment in a private, quiet location, this impressive red cedar residence delivers space, flexibility, and breathtaking lifestyle appeal. Boasting five generous bedrooms and three well-appointed bathrooms, the home is ideal for large families or those seeking dual living potential, with two fully equipped kitchens providing flexibility for extended family or guest accommodation. The spacious layout is enhanced by uninterrupted ocean views and sweeping outlooks across the golf course-views that are protected and will never be built out. Every window captures the natural beauty of the surroundings, creating a relaxed coastal feel throughout. Outdoors, a heated pool is perfectly positioned alongside an alfresco entertaining area complete with BBQ-ideal for hosting or simply unwinding while watching fishing boats pass by. The property also includes shedding for added storage and practicality, while the substantial landholding offers exciting potential to subdivide (STCA). Whether you're searching for a forever family home, a multi-generational living solution, or a property with strong Airbnb potential, this unique offering combines lifestyle, space, and future opportunity in one exceptional package. Contact us today on 51551210 to arrange an inspection.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
3
Parking
12
Land Area
7994 m²
Listed
1 month ago

Repayment calculator

$6,302/month
$3,151 /fortnight
Loan $1,040,000 at 6.10% over 30 years

Upfront costs

Deposit$260,000
Stamp duty$71,500
Conveyancing (est.)$2,000
Total upfront$333,500
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 5-bedroom house in Lakes Entrance, VIC 3909 sits within reach of public transport, and nearby schools. It is listed 133% above the $559,000 median of 77 comparable houseswithin 5 km.

Schools near Lakes Entrance

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

What's nearby

  • Beveridge St/Robin St (bus)279 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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