Delora

Lake Bunga vs Lakes Entrance

House prices, rent and lifestyle, side by side. Every figure shows its period and source.

Bars scale each row to its largest figure.
SuburbLake BungaEast GippslandLakes EntranceEast Gippsland
Price & rent
Median house priceValuer-General Victoria$525,000 (calendar year 2023)$518,000 (calendar year 2025)
Median unit pricenot available$495,000 (calendar year 2025)
Median weekly rentDFFH / Census 2021$280/wk$252/wk
Gross rental yieldweekly rent x 52 / house price, before costs2.77%2.53%
People
PopulationABS Census 20214085,145
SEIFA advantage decile3/102/10
Housing
Houses88%81%
Townhouses7%13%
Apartments/units4%2%
Transport
Distance to Melbourne CBDnot availablenot available
Train stations00
Tram stops00
Planning & risk
Flood overlayVicmap Planning0%9%
Bushfire overlayVicmap Planning43%56%
Heritage overlayVicmap Planning0%1%
Schools (zoned government)
PrimaryLakes Entrance Primary School, Toorloo Arm Primary SchoolLakes Entrance Primary School, Nungurner Primary School, Toorloo Arm Primary School
SecondaryLakes Entrance Secondary CollegeLakes Entrance Secondary College
Safety
Recorded crime (council area)Crime Statistics Agency Victoria, council-wideHigher than most areasHigher than most areas

Key differences

Median house price over time

$104k$306k$507k$708k20132025Lake Bunga, 2013: $197,500Lake Bunga, 2014: $162,500Lake Bunga, 2015: $270,000Lake Bunga, 2016: $270,000Lake Bunga, 2017: $392,500Lake Bunga, 2018: $380,000Lake Bunga, 2019: $300,000Lake Bunga, 2020: $350,000Lake Bunga, 2021: $600,000Lake Bunga, 2022: $650,000Lake Bunga, 2023: $525,000Lakes Entrance, 2013: $269,500Lakes Entrance, 2014: $254,000Lakes Entrance, 2015: $255,500Lakes Entrance, 2016: $280,000Lakes Entrance, 2017: $281,500Lakes Entrance, 2018: $328,000Lakes Entrance, 2019: $300,000Lakes Entrance, 2020: $350,000Lakes Entrance, 2021: $422,500Lakes Entrance, 2022: $540,000Lakes Entrance, 2023: $510,000Lakes Entrance, 2024: $520,000Lakes Entrance, 2025: $518,000
Lake BungaLakes Entrance

The median house price in Lake Bunga was $525,000 in calendar year 2023 (Valuer-General Victoria). The median house price in Lakes Entrance was $518,000 in calendar year 2025 (Valuer-General Victoria); the median unit price was $495,000 in calendar year 2025.