8 Endeavour Court, Lakes Entrance VIC 3909

8 Endeavour Court, Lakes Entrance VIC 3909
Renovated brick veneer | quiet cul-de-sac | coastal sounds | 1243mยฒ block | 3-car parking The house sits on one of the larger lots in the court, with a 43% building coverage that leaves genuine outdoor space for expansion or a shed, rare at this price point. The recent renovation removes deferred maintenance risk and lifts presentation above comparable stock, which matters in a market where buyers discount dated interiors heavily. Ducted heating and split-system air conditioning cover seasonal extremes, and the rumpus room plus study give it a functional edge for families or remote workers. It suits buyers who want a turnkey coastal house with room to add value via subdivision or a second dwelling, given the lot size and absence of overlay restrictions. The main risk is the 2m ground elevation in a coastal town with rising insurance premiums, though no flood overlay was detected. The quiet court limits foot traffic but also caps future resale visibility compared to a main road position. Rental yield at $500โ€“$605pw is moderate for the price, so this works better as a primary residence or long-term hold than a short-term flip. The property should be held for at least five years to recoup transaction costs and benefit from Lakes Entranceโ€™s steady demand for renovated family homes on large blocks.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 8 Endeavour Court, 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

3

Bathroom

2

Parking

3

Land

1243mยฒ

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