13 Merrangbaur Street, Lakes Entrance VIC 3909

13 Merrangbaur Street, Lakes Entrance VIC 3909
4-bed family house | standard 386sqm block | Lakes Entrance suburban infill | bushfire overlay present | single-storey brick configuration This property is competitively positioned as a solid, unremarkable family house in a serviceable part of Lakes Entrance. Its four bedrooms and two bathrooms on a single level meet the typical requirements of local owner-occupiers, particularly families seeking proximity to the primary and secondary schools without paying a premium for waterfront or marina access. The solid-brick construction and NBN FTTP connection are practical strengths, while the absence of flood overlay reduces one common coastal risk. The property best serves a buyer who values straightforward, low-surprise living in a regional coastal setting over lifestyle cachet or investment upside. The bushfire overlay may affect insurance costs and could narrow the buyer pool for those unfamiliar with East Gippsland conditions, though it is not unusual in this area. The modest land size and standard suburban configuration mean the property lacks scarcity or renovation potential that would drive strong price growth. Its position near the Princes Highway corridor may introduce traffic noise, and the limited private school options within immediate reach could be a constraint for some families. These factors should be weighed when forming a view on price, particularly against newer or better-located alternatives in the same suburb.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 13 Merrangbaur Street, Lakes Entrance VIC 3909
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Market Insight:

Lakes Entrance presents as a coastal market with a mature demographic, where outright ownership is common. Demand is driven by the appeal of rental yields and lifestyle for downsizers and investors. Recent house price performance has been mixed, with units experiencing a notable correction, while houses demonstrate resilience albeit with extended selling periods. Future growth hinges on sustained investor interest and the suburb’s enduring coastal appeal, though risks include price volatility in the unit segment and a slower-moving market for houses.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

391mยฒ

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