Giving property investors a an average capital gain of 4.76% for the last year, Lakes Entrance, 3909 is the 1967th highest performer in Australia in this respect.
Across a shorter period, Lakes Entrance, 3909 has seen a median price increase of -1.08% over the last quarter.
Property buyers and investors in Lakes Entrance 3909 should be seeing an average reduction in asking price of around -6.99% . This means that Lakes Entrance is holding prices well when compared to other suburbs in VIC.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of 1.40%, investors should hope to achieve an overall return of 5.29%
Property value increases in Lakes Entrance have tracked lower than the VIC average of 3.63% over the last 12 months.
If we look at median property appreciation over just the last three months, Lakes Entrance has given property investors a paper return of -1.89%. This puts Suburb as 273 on a list of fastest fasting appreciating suburbs in VIC
Situated 266.86km from the CBD, Lakes Entrance is one of East Gippsland localities in the postcode 3909.