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34 Panoramic Drive, Lakes Entrance VIC 3909

$410,000

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$410k - $431k Transparent Transparent Listing Based on an openly advertised listing price.

House 2 Beds 1 Bath 1 Car 595 m²

Listed: 12 hours ago

Overview

This affordable property offers an excellent entry point into the Lakes Entrance real estate market, particularly suited for first home buyers, investors, or those seeking a project with potential for added value. The functional layout centers around two bedrooms and a central bathroom, supporting comfortable living that can be enjoyed immediately or enhanced with renovations.

The front sunroom and porch create a welcoming space that invites relaxation while presenting the possibility of ocean glimpses, enhancing the property's appeal. Significant utility comes from the large 6 meter by 6 meter shed, providing ample storage or workshop space, complemented by side access for vehicles, trailers, or boats, allowing flexible use of the outdoor areas.

Location-wise, the home benefits from proximity to the shops, schools, beaches, and essential amenities of Lakes Entrance. This convenient positioning supports a practical lifestyle in a popular coastal town, making it a sensible opportunity for budget-conscious buyers wanting to establish themselves in the area.

With versatile potential to either add to an investment portfolio or personalize through renovation, this property represents a balanced mix of immediate livability and future prospects.

Local Market Insights

In Lakes Entrance, Quiet Listings observed 22 new houses entering the market over the last 30 days, up from 16 during the previous 30-day period, with an average advertised asking price of $810,409. The property type mix of listed properties is predominantly Houses at 74%, followed by units (10%), and land (10%). The most active agency for houses in the Lakes Entrance area is currently First National, representing 41% of new listings, followed by Shoreside Real Estate with 23%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.