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123B Newlands Drive, Paynesville$1.40m
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For Salehouse

123B Newlands Drive

Paynesville, VIC 3880, Australia
$1.40m
3 bed 2 bath 2 car1288 m²

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About this property

Fully renovated to an exceptional standard and thoughtfully designed to complement its lakeside setting, this beautifully positioned home offers privacy, quiet and an effortless connection to the water. Set back from the street, it delivers a peaceful living environment while embracing uninterrupted outlooks across the Newlands Backwater. The interior is stylish and contemporary with a relaxed coastal feel, enhanced by a refined selection of flooring tones and cabinetry that creates warmth throughout. Large double glazed windows frame the water and draw in an abundance of natural light, ensuring the views remain a constant and calming feature of everyday living. An inviting entry provides the perfect space for a study nook or home office before opening into the heart of the home. The modern open plan living, kitchen and dining zone is both functional and visually impressive, complete with quality appliances and stunning water views. Custom built cabinetry in the living room cleverly houses a retractable television, maintaining a clean, streamlined aesthetic and allowing the outlook to remain the focal point. A feature barn door separates the main bedroom suite, enhancing both privacy and flow. The suite is well appointed with a walk in robe and a sophisticated ensuite showcasing heated towel rails and striking black accents. A true highlight of the property is the separate self contained wing with its own private front entrance. Designed for flexibility, it is ideal for extended family, visitors or as holiday accommodation without impacting the main residence. This wing comprises two bedrooms with built in robes, a bathroom, kitchenette and its own living area, presenting excellent income potential or comfortable guest accommodation. Large stacker doors open from the main living area onto an oversized entertaining deck, creating seamless indoor-outdoor integration and a superb setting for gatherings or relaxed lakeside evenings. The 1288m² waterfront allotment provides a large, low maintenance setting complete with a shed for additional storage. With the title boundary stretching down toward the waterside and direct access to the foreshore walking trail that extends from The Backwater through to Sunset Cove and onto the Paynesville Foreshore, each morning and evening can begin and end with a lakeside walk. Move in ready and finished to a high standard throughout, this property offers genuine versatility and a lifestyle that is hard to match. Here is your opportunity to secure a premium position in one of Paynesville's most tightly held waterfront pockets. Contact the team at King and Heath Paynesville to arrange your inspection on 03 5156 6766.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
2
Land Area
1288 m²
Listed
3 months ago

Repayment calculator

$6,782/month
$3,391 /fortnight
Loan $1,119,200 at 6.10% over 30 years

Upfront costs

Deposit$279,800
Stamp duty$76,945
Conveyancing (est.)$2,000
Total upfront$358,745
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 3-bedroom house in Paynesville, VIC 3880 sits within reach of public transport, local shops and nearby schools. It is listed 182% above the $495,950 median of 65 comparable houseswithin 5 km.

Schools near Paynesville

  • Paynesville Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • King St/Paynesville Rd (bus)1.3 km away
  • Paynesville Bakery Cafe1.4 km away
  • Unnamed1.3 km away
  • Gilsenan Reserve1.6 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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1 price change recorded for this property

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