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14 Mitchell Street, Paynesville$515,000
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For Salehouse

14 Mitchell Street

Paynesville, VIC 3880, Australia
$515,000
2 bed 1 bath 6 car1012 m²

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About this property

Properties with this much space, access and future potential this close to the water are becoming harder and harder to find, and this 1,012m² (approx) Paynesville property is no exception. Just 700m from the Paynesville foreshore and only 200m from the Slip Road boat ramp, the location alone makes this an exciting opportunity for boat owners, investors, tradies or buyers searching for room to move. With rear lane access and extensive infrastructure already in place, the possibilities here are easy to see. Whether you need space for boats, caravans, trailers and extra vehicles, or you're looking for a sizeable block with future subdivision potential (STCA), this is the kind of property that offers flexibility now and upside for the future. A 6.8m x 7.4m shed with adjoining double carport, additional tandem double carport and garden shed provide exceptional storage and vehicle accommodation with excellent access throughout the property. The existing two-bedroom home provides comfortable accommodation with built-in robes to both bedrooms, a central bathroom, separate toilet, separate lounge with split system heating and cooling, plus an open plan kitchen and dining area with electric cooking. Sliding doors open to a covered rear verandah running the full length of the home, complete with ramp access, while the front verandah also spans the length of the house. Whether you're looking to invest, landbank, develop (STCA) or simply secure a large block in a tightly held waterside location, this is an opportunity packed with potential. * All boundaries on photographs are approximate only. * Virtual furniture used for visual purposes only. View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
6
Land Area
1012 m²
Listed
1 month ago

Repayment calculator

$2,497/month
$1,248 /fortnight
Loan $412,000 at 6.10% over 30 years

Upfront costs

Deposit$103,000
Stamp duty$25,970
Conveyancing (est.)$2,000
Total upfront$130,970
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 2-bedroom house in Paynesville, VIC 3880 sits within reach of public transport, local shops and nearby schools. It is listed 2% above the $505,000 median of 66 comparable houseswithin 5 km.

Schools near Paynesville

  • Paynesville Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Raymond Island Ferry (ferry)333 m away
  • Clasiqe Computer Solutions556 m away
  • Gilsenan Reserve329 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 2 bed

Compound growth +4.3% / yr over 4 yrs

$438kcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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