42 Albatross Road

Kalimna VIC 3909

0 sq.

591 m²

House

Rachael Newman, last sold this property on 17 August 2026 after 150 days on market.

Overview

Perfect Starter or Investment!

Settled into a quiet, sought-after pocket just minutes from Lakes Entrance, this well-presented brick home offers the perfect blend of comfort, convenience, and investment potential. Featuring: • 3 spacious bedrooms • 2 bathrooms, including ensuite • Double garage with internal access • Light-filled open plan living and dining • Modern kitchen with island bench • Low-maintenance 579m² (approx.) block • Generous backyard with space to enjoy This single-level home is ideal for families, retirees, or investors seeking a solid, easy-care property in a growing coastal region. Investment Highlights: • Currently tenanted at $420 per week • Approx. gross yield: 4.0% – 4.5% • Potential to increase rent toward $460–$520/week (subject to market conditions) • Strong rental demand in the Lakes Entrance / Kalimna area Located in a peaceful suburban living with close proximity to: • Lakes Entrance waterfront & beaches • Local shops, cafes, and amenities • Walking tracks and natural surrounds Whether you're looking to invest, downsize, or secure your first home, this property presents excellent value with immediate income and future upside. Enquire today to arrange an inspection 03 5155 3133 Disclaimer: Due Diligence Checklist What you need to know before buying a residential property. Before you buy a home, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you if you buy it. This checklist aims to help you identify whether any of these issues will affect you. The questions are a starting point only and you may need to seek professional advice to answer some of them. You can find links to organisations and web pages that can help you learn more by visiting the due diligence checklist page on the Consumer Affairs Victoria website (consumer.vic.gov.au/duediligencechecklist). Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries.

Features

3 bedrooms

2 bathrooms

4 carspaces

2 open car spaces

2 garage spaces

0 sq. floor area

591 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Kalimna over the last 12 months, the estimated median property value of 42 Albatross Road is $492k.

Median value

$492k

Estimated value range

$377k - $645k

Median days on market

126

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Kalimna. 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.