88 Capes Road, Lakes Entrance
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Off-markethouse

88 Capes Road

Lakes Entrance, VIC 3909, Australia
2 bed 1 bath 2 car527 m²

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About this property

Set in an elevated position capturing sweeping outlooks towards the waters of Lakes Entrance, this charming two-bedroom home offers a relaxed coastal lifestyle with a strong investment advantage already in place. From the moment you arrive, there's an immediate sense of calm, with lush surrounds framing the home and enhancing its private, peaceful feel. Inside, the layout is warm and welcoming, with a comfortable living space that enjoys natural light and a cosy fireplace that creates an inviting atmosphere through the cooler months. The adjoining kitchen and dining area is practical and well connected, forming the heart of the home for everyday living. Both bedrooms are well-proportioned and positioned to enjoy the outlook and natural light, while the central bathroom is neat and functional, completing the easy-care floorplan. One of the standout features is the elevated vantage point, where the outlook stretches across established greenery and captures glimpses of the surrounding landscape and township below-an ever-changing backdrop to daily life. Outdoor spaces further enhance the appeal, offering areas to sit and unwind while taking in the tranquil setting. Adding immediate value, the property is currently tenanted with long-term occupants in place, making it an appealing opportunity for investors seeking a secure, set-and-forget addition to their portfolio. Located just minutes from beaches, walking tracks, cafes and the vibrant township, this home blends convenience with a peaceful coastal escape, making it ideal for investors, holidaymakers or those looking to secure a foothold in a tightly held seaside market. View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Neighbourhood

Living in Lakes Entrance

This 2-bedroom house in Lakes Entrance, VIC 3909 sits within reach of public transport, and nearby schools. It is listed 14% below the $555,000 median of 66 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

  • Clarkes Rd/Roadknight St (bus)2.1 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 2 bed

Compound growth -0.7% / yr over 4 yrs

$370kcurrent median

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

Full Lakes Entrance market

Within 5km

Nearby Properties

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