East Gippsland · 3909 · 266 km from Melbourne CBD

Lakes Entrance, VIC

14.0%/yr capital growth, population +7.8% (5y).

NextSuburb scoreTier C
54Average
Median house
$579k
5y growth
14.0%/yr
Gross yield
2.3%
Vacancy
2.4%
Growth-led, low cashflowMedium confidence
Last updated May 2026Next refresh 3 June 2026Informational only — not financial advice

About Lakes Entrance

Lakes Entrance is a suburb of the East Gippsland council area in Victoria, about 266 km east of the Melbourne CBD. Over the last five years house prices have compounded at 14.0%/yr; gross yield is currently ~2.3% and vacancy 2.4%. Population has grown 7.8% over five years and household income 13.0%, both factored into the 54/100 NextSuburb score.

Eight-signal breakdown

Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.

  • Capital growth (5y)14.0%/yr
    100/100
  • Population growth+7.8% (5y)
    78/100
  • Supply tightening+5.0% YoY
    25/100
  • Rental yield2.3%
    45/100
  • Rental demand2.4% vacancy
    40/100
  • Income growth+13.0% (5y)
    52/100
  • Construction pipelineno nearby pipeline
    0/100
  • Affordability61% under cap
    61/100

Why this score

Lakes Entrance scores 54/100 (Average). The two strongest signals: 14.0%/yr capital growth over five years and 7.8% population growth over five years. The standout watch-out: gross yield of 2.3% leaves modest cashflow.

Drivers
  • Capital growth14.0%/yr
  • Population growth+7.8% (5y)
  • Budget headroom61% under cap
Risks
  • Thin gross yield (2.3%)
  • No major construction project in this state

Nearest infrastructure

Suburban Rail Loop East — Glen Waverley248.6 km away

Construction · $5.0bn · completion 2035

Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.

Comparable suburbs

Three VIC suburbs in the same budget band with the closest NextSuburb scores.

See the full VIC ranking

Also consider

Six other VIC suburbs worth a look — three neighbours by postcode, three matched on NextSuburb score.

60-month score history

Backfilled — live history begins May 2026
506070Jun 21Jun 22Jun 23Jun 24Jun 25May 26

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