Lakes Entrance at a glance
5,420
People
$517,500
Median sale
$462/wk
Median rent
4.64%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
VIC › Lakes Entrance › Secomb Cl
$850,000
Last sold
28 Apr 2023
4
Bedrooms
2
Bathrooms
4
Car spaces
4,172 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$850,000
28 Apr 2023 · derived via latest_sale
Local land rate: recorded House sales in Lakes Entrance (last 5 years) with land size have a median of $723/m² of land (n=33). Districts calculation from recorded sales — not a valuation.
Lakes Entrance at a glance
5,420
People
$517,500
Median sale
$462/wk
Median rent
4.64%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Lakes Entrance
+64.3%
Median sale
Suburb $517,500
-1.81 pp
Gross yield
Suburb 4.64%
Suburb median $517,500 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $462/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Lakes Entrance at a glance
5,420
People
$517,500
Median sale
$462/wk
Median rent
4.64%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by East Gippsland & Lakes Real EstateLocated where country meets town and only 4 minutes to beaches and shopping with major supermarkets and a host of retailers and restaurants to suit every taste. This unique architect designed home is located on a huge private block at the end of this quiet and peaceful court. With only four other well separated neighbours in the Close, you are assured of your privacy. On entering the house through the stained glass entry door you will be amazed at the space that greets you in the main living area and huge kitchen. The character and quality of this home is amplified by the expansive VJ timber panelling, cathedral ceilings, chandeliers and plantation shutters which lend an atmosphere of country-style grace commensurate with any large homestead. With todays escalating building supply costs it would be impossible to build a new home to match at todays prices.
The list of features is endless:
* Master bedroom with walk-in his & hers robes and ensuite
* + 3 more comfortable bedrooms in separated wing
* Huge rumpus/games room which housed a full sized billiard table and gym
* 2 bathrooms plus a powder room
* Work from home in the extra large study/office - NBN available
* Superb wet bar with mirrored shelving, sink and counters
* Fully shelved Library with an antique ex-bank safe for your valuables
* 2 car garage with adjacent storeroom
* Cathedral ceilings in living and kitchen
* New wood burning fireplaces and split system for comfort
* New plantation shutters
* Ceiling fans in all rooms
* Registered solar heated swimming pool with robot cleaner, new filter and Certificate of Compliance
* Pool house and toilet
* Hard tennis court
* Gazebo with electric BBQ and sink for those tennis tournaments
* Sheltered fire pit with seating for a dozen of your friends
* Valet ducted vacuum system
* Valet intercom
* Extra large backyard with mature trees, ready for some innovative landscaping and plenty of room for a big shed and lots of extra parking
* Fully fenced for the kids and pets
* Covered alfresco area off the kitchen
* Original architectural plans available
Imagine the amazing memories your family is bound to create in this spectacular home. Would also suit an investor looking for a unique B&B experience in one of Victoria's most popular holiday destinations. Homes like this rarely come on the market. The current owners have committed elsewhere so are keen to sell. INSPECTION IS A MUST so act now and contact Yvette at East Gippsland & Lakes Real Estate on 0400512659.
Property Code: 811
Listing description written by Yvette McCartney, East Gippsland & Lakes Real Estate — reproduced as published, not verified by Districts.
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