5 Highland Court, Lakes Entrance VIC 3909

Quiet court position | water views from deck | dual living zones | premium land-to-building ratio This property’s competitive strength lies in its rare combination of a 346-square-metre building on a 713-square-metre block, achieving only 48 percent site coverage,a configuration that delivers generous internal space without sacrificing outdoor utility. The dual living areas and separate alfresco zone suit families needing separation or retirees wanting single-level practicality, while the front deck capturing water views adds a lifestyle premium not common in this price band. For an owner-occupier, the layout reduces the need for immediate renovation; for an investor, the $505–$605 per week rental range and 90 percent owner-occupied street profile signal stable tenant demand. The primary risk is the 2013 last sale price being unavailable, leaving no clear capital growth trajectory from purchase to present, though the estimated $773,000 value sits below the listing band, suggesting negotiation room. The neighbouring five-bedroom property valued $74,000 lower indicates this house may be priced at the upper end for its bedroom count, so buyers should test whether the larger building area and water views justify the premium. Solar panels and NBN Fibre to the Premises reduce ongoing costs but are not decisive for resale. Hold for steady coastal lifestyle demand or rent for modest yield in a tight market.