East Gippsland Shire Council
Lakes Entrance
Lakes Entrance at a glance
Median house
$520,000
Median unit
$665,000
Walk score
0
Very car dependent
Population
5,145
Median age 55
The brief
What to know about Lakes Entrance.
Lakes Entrance (3909) sits in the East Gippsland region of Victoria. The median house here is $520,000, below the Victoria median of around $850K.
Lakes Entrance has roughly 5,145 residents, with a retiree-heavy demographic. Households are mostly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
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Day to day
What it’s like to live here.
Lakes Entrance scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Schooling within or near the suburb covers 3 government primary, 1 government secondary, 1 Catholic.
Who lives here
Demographics.
The 2021 Census put Lakes Entrance's population at 5,145, with a median age of 55. That sits as a retiree-heavy demographic. Households are mostly owner-occupied (68% own, 28% rent), which shapes everything from school catchment stability to how often properties turn over. Lone-person households are notable here (38%), often a marker of unit-heavy stock and walkable infrastructure.
Population
5,145
Median age
55
Family households
59%
Lone person
38%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $520,000 on a typical sale, below the Victoria median. Units come in around $665,000, roughly -28% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $104,000. Prices are below the Victoria median, which keeps Lakes Entrance on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$520,000
+0.0% over the past year. Median unit price $665,000.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$260/wk
Weekly rent (unit)
$252/wk
Owner occupied
68%
Renter occupied
28%
At a deeper level
$520,000
$665,000
5,145
Median age: 55
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For investors
Investment overview.
Gross rental yield on houses sits at 2.60% (median rent $260/wk against a $520,000 price tag). Units yield 1.97% gross, often the better cash-flow play for first-time investors. Renter share is modest (28%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.60%
Based on $520,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20261.97%
Based on $665,000 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202668%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
785
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
0
0
0
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Lakes Entrance.
Local schools for Lakes Entrance
View the catchment for each school to find out more.
Government School Catchment
Lakes Entrance Secondary College
Lakes Entrance Primary School
Toorloo Arm Primary School
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Lakes Entrance.
- What is the median house price in Lakes Entrance?
- The median house price in Lakes Entrance, VIC 3909 is $520,000. The median unit price is $665,000. Annual growth is +0.0%.
- What is the Lakes Entrance postcode?
- Lakes Entrance is in the 3909 postcode, in VIC, in the East Gippsland Shire Council region.
- What is the average rent in Lakes Entrance?
- The median weekly rent for houses is $260, for units it's $252.
- What schools are in Lakes Entrance?
- There are 5 schools serving Lakes Entrance on this page, including Lakes Entrance Secondary College, St Brendan's School, Lakes Entrance Primary School.
- How walkable is Lakes Entrance?
- Lakes Entrance has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Lakes Entrance?
- Lakes Entrance is close to Kalimna, Lake Bunga, Kalimna West, Lake Tyers Beach, Nyerimilang.
- What is the population of Lakes Entrance?
- Lakes Entrance has approximately 5,145 residents. The median age is 55.
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Lakes Entrance
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Side by side
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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