East Gippsland Shire Council

Lakes Entrance

VIC3909

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.

Side by side

Compare Lakes Entrance with a nearby suburb.

Median, growth, schools, walkability, all in one view.

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

Median House PriceSource: Land Victoria / DTP · May 2026

$520,000

Median Unit PriceSource: Land Victoria / DTP · May 2026

$665,000

PopulationSource: ABS Census 2021 · May 2026

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 2026

2.60%

Based on $520,000 median

Gross Yield (Unit)

Source: Land Victoria / DTP · May 2026

1.97%

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 2026

68%

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.

Offence Summary

785

total offences in 2025

Top offence categories

B Property and deception offences293 (37.3%)
A Crimes against the person217 (27.6%)
E Justice procedures offences189 (24.1%)
D Public order and security offences46 (5.9%)
C Drug offences36 (4.6%)

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.

Walk Score

0

Transit Score

0

Bike Score

0

Scores calculated from OpenStreetMap data (ODbL)

Walkability data as of May 2026· OpenStreetMap

Place

Location.

Amenities

Transport

Nearby suburbs

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

7-12CoEdGovernment
View Catchment

Lakes Entrance Primary School

Prep-6CoEdGovernment
View Catchment

Toorloo Arm Primary School

Prep-6CoEdGovernment
View Catchment

© 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.

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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