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VIC › Nungurner › Lakeshore Dr

69 Lakeshore Dr, Nungurner VIC 3909

For saleHouse

$2,400,000–$2,600,000

For sale

Asking range

6

Bedrooms

4

Bathrooms

6

Car spaces

5,342 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,400,000–$2,600,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,400,000–$2,600,000(Listing record · 5 Aug 2026)
  • FactLand 5,342 m²; no building size recorded.(Property record)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$2,400,000–$2,600,000

Asking range · $449/m² of land

No recorded sale for this property.

Nungurner at a glance

No data

Median sale

No data

Median rent

No data

Suburb gross yield

See the full Nungurner report →

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$2,400,000
Stamp Duty (Victoria)
$136,000
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,543,314

$143,314 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

No rent is recorded for this listing. Enter a weekly rent to model yield.

Enter a purchase price and weekly rent to calculate yield.

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$2,400,000–$2,600,000available5 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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.

0 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Unknown

    No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Nungurner in one glance

Nungurner at a glance

No data

Median sale

No data

Median rent

No data

Suburb gross yield

See the full Nungurner report →

Keep researching

  • Why Nungurner? Read the area thesis →
  • What else is on the market in Nungurner →
  • Other records on Lakeshore Dr →

Listing material

Listed by OBrien Real Estate Bairnsdale

Iconic Metung Waterfront Residence with Private Jetty

A life on the water doesn't get more captivating than this.

Positioned on the shimmering edge of the Gippsland Lakes, this exceptional waterfront residence delivers a lifestyle defined by beauty, serenity and unforgettable entertaining. From the moment the sun rises across the water to evenings spent hosting against a backdrop of glowing sunsets, every element of this property is designed to embrace its breathtaking setting.

Entertaining here is on another level. The property has played host to unforgettable celebrations, including weddings, and offers a setting that effortlessly caters to large-scale occasions or intimate gatherings alike. The rear courtyard provides a completely different experience – private, romantic and sheltered beneath a grapevine-covered pergola. It's the perfect complement to the grand waterfront setting, offering a quiet retreat when the occasion calls for it.

Read the full description

The single-level home exudes a relaxed coastal elegance, where European Oak timber floors, a soft neutral palette and expansive glass create a seamless connection between indoors and the ever-changing lake beyond. Living spaces are bathed in natural light and flow effortlessly to the expansive front decking, where panoramic views stretch across manicured lawns to the water's edge. This is a home that invites gathering, celebrating and simply soaking in the remarkable surroundings.

Accommodation is generous and thoughtfully arranged, with a luxurious master suite featuring a walk-in robe and ensuite, while two additional bedrooms each enjoy their own ensuite, one complemented by an adjoining nursery. Each bedroom is connected to a retreat space that opens directly onto the courtyard, creating a sense of privacy and comfort for family or guests. A self-contained guest cottage further enhances the flexibility, ideal for Airbnb, extended stays or hosting visitors in complete independence.

Every detail has been carefully considered, from the gourmet kitchen, to the warmth of the wood fire and the convenience of modern climate control. A C-Bus sound system, projector with drop-down screen, solar hot water, bore supply and beautifully irrigated gardens all contribute to a property that is as functional as it is impressive. Completing the package is outstanding vehicle accommodation, with secure garaging for four vehicles, a double carport and extensive workshop and storage space.

The waterfront lifestyle is truly effortless, with a shared, deepwater private jetty and two boat berths providing direct access to the Gippsland Lakes. Spend your days exploring the vast waterways, cruising to the Ninety Mile Beach, or heading across to Metung Village for a relaxed lunch or evening out. With Lakes Entrance and Bairnsdale within easy reach, this remarkable setting offers both seclusion and convenience.

This is more than just a home; it is a rare opportunity to secure one of the region's most impressive waterfront entertainers, where lifestyle, location and unforgettable experiences come together in perfect harmony.

Treat yourself to the lifestyle you deserve!

View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Listing description written by Mark Ashley, OBrien Real Estate Bairnsdale — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.