Back 1/16 Bulmer Street
Off Market

1/16 Bulmer Street

Lakes Entrance VIC 3909

3
2
3
149 m²
495 m²
House
Rachael NewmanRachael Newman, last sold this property on 14 September 2025 after 419 days on market.

Overview

A Development Opportunity

This property invites a cracker opportunity for development... Lakes Entrance is a lively coastal town known for its stunning scenery and friendly atmosphere, with easy access to beaches, walking trails, and local shops. This 530m2 land size, commercial Zone 1, ideal for businesses such as office suites, dental practices, or retail spaces. Alternatively, consider developing the site into a new building with accommodations and office spaces. The 3-bedroom, 2-bathroom home in the heart of Lakes Entrance CBD on Bulmer Street features hardwood floors, a cozy lounge with an electric heater, and a modern kitchen with electric appliances. This property is perfect for a holiday retreat or Airbnb rental. The home includes modern amenities like a split system for heating and cooling, a 6.6kW solar panel system, and built-in wardrobes in the main and Bedroom 3. The spacious main bedroom offers plenty of storage, and Bedroom 3 can serve as a guest room or office. With two well-designed bathrooms—one with a walk-in shower—comfort and convenience are prioritized. Contact Shoreside Real Estate today to schedule a viewing at 03 5155 3133!

Features

3 bedrooms
2 bathrooms
3 carspaces
1 carport space
1 open car space
1 garage space
149 m² floor area
495 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Lakes Entrance over the last 12 months, the estimated median property value of 1/16 Bulmer Street is $532.5k.

Median value
$532.5k
Estimated value range
$300k - $960k
Median days on market
145
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lakes Entrance. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/16 Bulmer Street

2025
Sold
Undisclosed
Private Sale/Treaty on 14 Sep 2025 by Rachael Newman, of Shoreside Real Estate
2020
Sold
Undisclosed
Private Sale/Treaty on 10 Jul 2020 by Brendan King, of LJ Hooker Lakes Entrance

Happy sellers in Lakes Entrance

87%
87% of sellers in Lakes Entrance reported that their sale price either exceeded or met their price expectations.

Lakes Entrance stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Lakes Entrance over the last 12 months.

Local market activity for 3 bedroom houses in Lakes Entrance

In the last 12 months, 66 three-bedroom houses similar to 1/16 Bulmer Street, have been sold.

This represents a 86% decrease in three-bedroom houses sales when compared to the previous 12 months.

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