33 Robin Street, Lakes Entrance VIC 3909
33 Robin Street, Lakes Entrance VIC 3909
4-bed rear house on 609m² | Robin Street, Lakes Entrance | upper-end family config for the street | bushfire overlay on nearby lots | coastal town setting
This property carries a genuine configuration edge for Robin Street. Four bedrooms and two bathrooms place it above the typical three-bed family stock that dominates the immediate area, and the 609 m² lot is substantial enough for a comfortable yard without becoming burdensome to maintain. The house likely appeals most to permanent families or long-term holiday buyers who want a full four-bedroom layout rather than a compact coastal cottage. Its position in an established residential street near town and water amenities means the property sits within the lifestyle-demand core of Lakes Entrance, where detached houses on mid-sized blocks consistently attract attention from both owner-occupiers and investors seeking rental exposure. The bushfire overlay identified on nearby parcels is a notable risk, but it does not necessarily diminish the property’s appeal for those who prioritise space and configuration over pristine risk profiles.
The value of this house may be most influenced by its internal condition, which remains unverified, and by how the bushfire overlay and any specific site constraints affect insurance costs or buyer willingness. Its four-bedroom layout could fetch a premium over smaller nearby alternatives, but the lack of confirmed modern finishes or a view means that premium is not guaranteed. The inferred school catchment for Lakes Entrance Primary and Secondary College may strengthen demand from young families, though academic performance data is unavailable. Buyers should weigh the possibility that a comparable three-bedroom property with better presentation might sell for similar money, making this a value decision based on how much the fourth bedroom and extra bathroom matter.
>> Comparable Sales: 39 Robin Street sold $550,000 as a 2/2/3 house | 2/122 Golf Links Road sold $649,000 as a 3/2/2 unit | Property Price Band: $650,000–$750,000 | Value Drivers: four-bed layout, land size, coastal suburb demand
Detailed Independent Property Report prepared by PropCred Analyst team for 33 Robin Street, Lakes Entrance VIC 3909
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
2
URL has been copied successfully!
Market Insight
Lakes Entrance is a coastal suburb where demand is led by older, outright-owning households-51% are over 55, 49% own outright and 54% are childless couples. House prices are mixed: medians run $498,000 to $556,000, with annual growth swinging from -5.2% to 13.0% depending on the source, while a quarterly REIV reading shows 5.3% upside. Units are weaker, down 15.0% to 36.5% annually. Houses sit on market 121–152 days, with 61–99 sales over the year; stock is elevated at 11%, with only 13 properties listed last month. Rental yields of 4.4–5.4% and weekly rents of $460–$470 for houses and $345–$353 for units provide some investor support, but thin turnover and falling unit values are key constraints. No school, transport or vacancy data is available.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
611m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!