VIC · 3909

Lakes Entrance

Suburb profile, market snapshot and recent listings for Lakes Entrance, VIC 3909.

Lakes Entrance, VIC 3909

About Lakes Entrance

Welcome to Lakes Entrance

Lakes Entrance sits on Victoria's Gippsland coast, roughly 320 kilometres east of Melbourne, where the Gippsland Lakes meet the Southern Ocean through a channel of sand and surf. It's one of the state's best-known holiday towns, built around a fishing fleet, a long ocean beach and a boardwalk esplanade lined with motels, cafes and tour boats.

While tourism defines much of the town's rhythm, Lakes Entrance is also home to a settled permanent population who value the slower coastal pace, the fishing and boating culture, and the sense of space that comes with living beside water on three sides. It suits retirees, sea-changers and anyone happy to trade city commute times for lake views and a genuine coastal community, bordered by Kalimna, Kalimna West, Lake Bunga and the Entrance itself.

Lifestyle & dining

The Esplanade is the social spine of the town, a walkable strip where fish-and-chip shops, seafood restaurants and cafes look out over the lake and the fishing fleet moored at the wharves. Given the town's reputation as a fishing port, fresh local catch turns up on plenty of menus, and there's a relaxed, holiday-town feel to eating out here even outside peak season.

Beyond the main strip, life revolves around the water: boating, fishing and beach walks along the ocean side of the channel are part of everyday routine for locals, not just visitors. The surrounding bush and lake country, including nearby Lake Bunga, add a quieter, more natural counterpoint to the tourist bustle of the town centre.

Getting around

Lakes Entrance is well served by the Princes Highway, which runs through the town and connects it eastward to Orbost and Cann River, and west toward Bairnsdale, Sale and on to Melbourne. Given the distance to the capital, most residents rely on cars for regional trips, though coach services along the highway corridor link the town to larger centres for those without a vehicle.

Within the town itself, distances are modest and many day-to-day errands, from the Esplanade shops to the primary school, are an easy walk or short drive, which suits the town's older-skewing population well.

Schools & families

Families in Lakes Entrance are served locally by Lakes Entrance Primary School and Lakes Entrance Secondary College, giving the town a full run of government schooling without the need to travel to Bairnsdale or beyond. For a town with a median age of 55, these schools remain an important anchor for the smaller cohort of younger families and locals who've chosen to raise kids by the lakes rather than in the city.

Parks & recreation

The natural setting is really the main event: the Ninety Mile Beach and ocean surf are a short walk from the town centre via the boardwalk, while the Gippsland Lakes themselves offer fishing, boating and kayaking on the doorstep. Bush and foreshore reserves around Kalimna and Kalimna West add walking tracks and lookout points over the lakes system, and the region's national parks are within easy reach for day trips.

The property market

Lakes Entrance offers relatively affordable coastal buying by Victorian standards, with a median house price of $533,000 and units typically trading around $380,000. House values have risen 5.0% recently, a solid result for a regional lakes town, and median rent sits at $478 a week, reflecting steady demand from both permanent residents and the holiday rental market.

Current listings show houses dominate the market at 57%, with land making up a notable 32% share, a sign of ongoing new-build interest in and around the town. Apartments and units account for 9% of listings and townhouses just 2%, meaning house-and-land remains the default way most buyers enter the Lakes Entrance market.

Housing & architecture

Housing stock ranges from older fibro and weatherboard cottages from the town's fishing-village era through to newer builds on the outskirts toward Kalimna and Lake Bunga, where blocks tend to be larger and views more prized. The strong share of vacant land in current listings points to an active building scene, with many buyers choosing to design homes around lake or ocean outlooks rather than buy established stock.

Market snapshot

Lakes Entrance property market

Median price ranks #3,325 of 3,797 suburbs · pricier than 12%
Type
Bedrooms

Median sale price

$533k

House · 3 bed

Median rent

$478

per week

Gross rental yield

4.7%

annual rent ÷ sale price

Typical price range

Entry

$372k

Median

$533k

Premium

$742k

Days on market

125

Auction clearance

0%

Sold this year

70

Median sold price trend · House 3 bed

Compound growth +2.4% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in Lakes Entrance by dwelling type.

House57%
Land32%
Apartment / Unit9%
Townhouse2%
Acreage / Rural0%

Who lives here

Demographics

ABS Census 2021 figures for Lakes Entrance, VIC 3909.

Population

5,145

residents (2021)

Median age

55

years

Household income

$866

median, per week

Median rent

$252

per week

Median mortgage

$1,227

per month

Mortgage / income

33%

stretched (>30%)

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Lakes Entrance

Government school catchment

Lakes Entrance Primary School

Prep-6CoEdGovernment
Visit school website →

Lakes Entrance Secondary College

7-12CoEdGovernment
Visit school website →

Recent results

Recently sold in Lakes Entrance

$599k

69 O'Neills Road

house3 bd · 2 ba · 2 car

Sold ~July 2026

$548k

4/16 Roadknight Street

apartment3 bd · 1 ba · 2 car

Sold ~July 2026

$470k

15 Phillips Street

house3 bd · 1 ba · 2 car

Sold ~July 2026

$350k

14 McRae Street

land

Sold ~July 2026

$195k

Lot 44 Apollo Drive

land

Sold ~July 2026

$750k

30 Mechanics Street

house4 bd · 3 ba · 2 car

Sold ~July 2026

$750k

11 Penang Boardwalk

house3 bd · 2 ba · 2 car

Sold ~July 2026

$765k

4 Orme Street

house3 bd · 2 ba · 4 car

Sold ~July 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Lakes Entrance

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Compare the area

Price map around Lakes Entrance

Every listing for sale near Lakes Entrance, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

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Lakes EntranceNearby suburbs

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Common questions

Lakes Entrance suburb FAQ

What is the median property price in Lakes Entrance?

The median house price in Lakes Entrance, VIC is $533k for a 3-bedroom home. Over the past year, median sold prices have risen about 5.0%.

How much is rent in Lakes Entrance?

The median weekly rent in Lakes Entrance is around $478 per week.

Is Lakes Entrance a good place to live?

Lakes Entrance is a town in the Shire of East Gippsland, Victoria, Australia. Lakes Entrance is an established residential suburb in VIC, with a population of around 5,145 and 2 schools in the area.

What is the population of Lakes Entrance?

Lakes Entrance has a population of 5,145 (ABS 2021 Census), with a median age of 55.

What schools are in Lakes Entrance?

There are 2 schools in or near Lakes Entrance, including Lakes Entrance Primary School and Lakes Entrance Secondary College.

How long do homes take to sell in Lakes Entrance?

Properties in Lakes Entrance take around 125 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Lakes Entrance?

Entry-level properties in Lakes Entrance start around $372k, while premium homes reach $742k.

What suburbs are near Lakes Entrance?

Suburbs near Lakes Entrance include Entrance, Kalimna, Lake Bunga and Kalimna West.

Available now

Properties in Lakes Entrance

View all listings →
Image 1
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For Sale
$990k–$1.09m
house

Luxury Coastal Living with Panoramic Ocean Views | Multi-Level Entertainer Near Golf & Beaches

28 Gay Street, Lakes Entrance VIC 3909
4361414 m²
REMAX Genesis3 months ago
Ask AI about this property
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For Sale
$180,000
land

Lot 5 & 6 - BASS STRAIGHT VIEWS!

L5 & 6, 9 Kinkuna Court, Lakes Entrance VIC 3909
1451 m²
King & Heath First National Lakes Entrance1 month ago
Ask AI about this property
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For Sale
$150,000
land

Lot 1 - BASS STRAIGHT VIEWS!

Lot 1, 9 Kinkuna Court, Lakes Entrance VIC 3909
691 m²
King & Heath First National Lakes Entrance1 month ago
Ask AI about this property
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For Sale
$440,000
house

Move In and Enjoy the Best of Coastal Living

11 Christopher Court, Lakes Entrance VIC 3909
311702 m²
EGRE4 weeks ago
Ask AI about this property
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For Sale
$240,000
land

Amazing Views and Unbeatable Location in Lakes Entrance!

122A Myer Street, Lakes Entrance VIC 3909
524 m²
EGRE3 months ago
Ask AI about this property
Image 1
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For Sale
$365,000
apartment

Love Lakes Entrance

2/142 Marine Parade, Lakes Entrance VIC 3909
21198 m²
EGRE3 months ago
Ask AI about this property
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For Sale
$550,000
house

Hidden Gem With Ocean Views

11 Ocean View Parade, Lakes Entrance VIC 3909
323618 m²
EGRE3 months ago
Ask AI about this property
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For Sale
$220,000
land

Hilltop Block in Country Club Drive

75 Country Club Drive, Lakes Entrance VIC 3909
704 m²
Shoreside Real Estate3 months ago
Ask AI about this property
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NewFor Sale
$599,000
house

New Street, New Chapter

15 New Street, Lakes Entrance VIC 3909
422606 m²
OBrien Real Estate BairnsdaleYesterday
Ask AI about this property
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For Sale
$795,000
house

BUSHLAND ESCAPE WITH WATERVIEWS

222 Baades Road, Lakes Entrance VIC 3909
4228.49 ha
King & Heath First National Lakes Entrance1 week ago
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Image 1
For Sale
$199,000
land

BUILD YOUR NEW HOME HERE!

6 The Balcony, Lakes Entrance VIC 3909
Gary Henry Real Estate3 months ago
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For Sale
$540,000
apartment

Centrally Located Two-Bedroom Unit Just Steps from the Water

3/3 Orme Street, Lakes Entrance VIC 3909
211
Gary Henry Real Estate1 week ago
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