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16 Backwater Court, Paynesville$499,000
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16 Backwater Court

Paynesville, VIC 3880, Australia
$499,000
1374 m²

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About this property

Magnificent, elevated parcel of land overlooking Newlands Backwater, offering a rare opportunity to build in one of Paynesville's most serene settings. Set on a generous 1,374m² allotment, this expansive block provides ample room for your dream home while still allowing space for a caravan, boat, shedding or landscaped outdoor areas. The elevated position captures sweeping water views, letting you enjoy the ever-changing activity on the Backwater right from your future living spaces. Whether its kayakers gliding by, boats passing through or simply the peaceful shimmer of the water, the outlook is both calming and captivating. Just a short stroll takes you to the water's edge, where you can launch a kayak, fish from the shore or simply relax by the foreshore. The nearby walking track meanders along the waterfront all the way into the Paynesville shopping precinct, offering an easy and scenic route to cafés, shops and everyday conveniences. A superb combination of space, position and lifestyle, this exceptional block is ready to bring your coastal vision to life.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1374 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% below the $500,000 median of 69 comparable landswithin 5 km.

Schools near Paynesville

  • Paynesville Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • King St/Paynesville Rd (bus)2.1 km away
  • Paynesville Bakery Cafe2.2 km away
  • Unnamed2.0 km away
  • Gilsenan Reserve2.5 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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2 price changes recorded for this property

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