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1 Toonalook Parade, Paynesville$499,000
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1 Toonalook Parade

Paynesville, VIC 3880, Australia
$499,000
805 m²

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About this property

Welcome to 1 Toonalook Parade, a standout 805sqm land holding set in a genuinely prized pocket of Paynesville. Moments from the vibrant Paynesville Esplanade this is a location that brings together convenience, lifestyle and future potential in one compelling offering. From this address you can wander down to the lakeside for your morning strolls, pick up a coffee from your favourite café, enjoy dinner at one of the local restaurants or grab daily essentials from the IGA shopping centre. Everything Paynesville is known and loved for is right at your fingertips, creating an effortless day to day living experience. The allotment itself sits proudly elevated on the corner of Toonalook Parade and Newlands Drive. This natural rise provides an exciting opportunity for a thoughtfully designed residence (STCA) to take in impressive outlooks down the McMillan Strait and towards the sparkling waters of Lake Victoria. Few sites in this central position offer this level of view potential, especially with the convenience of being within such close proximity to the township centre. Now titled and fully serviced, the land is builder friendly and ready for construction to commence. The generous dimensions allow for genuine design flexibility whether you are looking to build a permanent home base or a premium holiday escape. Another standout advantage is the dual street frontage. The corner configuration enables secondary access options which are ideal for those who value secure space for boats, caravans, shedding or additional vehicle storage. It also gives you greater freedom in orienting your home to maximise privacy, sunlight and water glimpses. Opportunities of this nature are increasingly rare. Quality land within a short walk of Paynesville's thriving foreshore and village centre seldom comes to the open market, and when they do, they are quickly secured by buyers who recognise the limited supply and long-term value of such positions. 1 Toonalook Parade represents more than a block of land. It is a chance to secure a future lifestyle in a location woven into the very heart of Paynesville's appeal. For further information or to discuss how this site can suit your plans, contact the team at King and Heath Paynesville.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
805 m²
Listed
3 months ago

Repayment calculator

$2,419/month
$1,210 /fortnight
Loan $399,200 at 6.10% over 30 years

Upfront costs

Deposit$99,800
Stamp duty$25,010
Conveyancing (est.)$2,000
Total upfront$126,810
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Paynesville

This land in Paynesville, VIC 3880 sits within reach of public transport, local shops and nearby schools. It is listed 0% above the $499,000 median of 69 comparable landswithin 5 km.

Schools near Paynesville

  • Paynesville Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • King St/Paynesville Rd (bus)485 m away
  • Paynesville Bakery Cafe209 m away
  • Gilsenan Reserve530 m away
  • Unnamed1.3 km away

Paynesville at a glance

Full suburb profile
Population
3,636
Median age
62
Household income
$987/wk
Median rent
$310/wk
Median mortgage
$1,225/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Paynesville price trend

Median sold · House 3 bed

Compound growth +0.0% / yr over 4 yrs

$550kcurrent median

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Price history

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1 price change recorded for this property

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