34 Mccullough Street, Lakes Entrance VIC 3909
34 Mccullough Street, Lakes Entrance VIC 3909
3 bed, 2 bath, 4 car on 591m² | renovated, low-maintenance coastal house | strong configuration for downsizers or families | solar and dual heating/cooling | bushfire overlay may apply
This property is competitively positioned as a move-in-ready house with a notably strong configuration for its setting. The three bedrooms, two modernised bathrooms, and four-car parking on a generous 591m² block are uncommon in this coastal market, giving it a clear edge for downsizers, couples, or families seeking space without ongoing maintenance. The open-plan living, wood heater, split-system climate control, and solar panels add practical comfort and efficiency, making it suitable as a permanent home or a low-upkeep base for regular use. It sits in a detached residential pocket where similar-sized lots are typical, and the updated interior means buyers avoid the cost and effort of renovation.
The asking price may be influenced by the bushfire overlay present on this street, which could affect insurance costs and lending requirements, though no flood or heritage overlays have been flagged for the area. The absence of a confirmed build year means the age of the structure—and likely condition of major systems like plumbing and wiring—should be verified through inspection. The four-car capacity and solar setup add functional value, but the property’s overall price will depend on how these features compare to other improved houses in this pocket, rather than on general suburb trends.
Detailed Independent Property Report prepared by PropCred Analyst team for 34 Mccullough Street, Lakes Entrance VIC 3909
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
1
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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
3
Bathroom
2
Parking
4
Land
591m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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