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2/1 Riviera Close, Paynesville$500,000
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For Saleapartment

2/1 Riviera Close

Paynesville, VIC 3880, Australia
$500,000
3 bed 2 bath 1 car322 m²

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About this property

Enjoy the freedom of owning your own title with no Owners Corporation fees or restrictions. Perfectly positioned within easy walking distance to the bowls club, recreation reserve, primary school, childcare centre and parkland, this quality built brick veneer home offers a relaxed, low maintenance lifestyle ideal for retirees, downsizers or couples. Designed to capture natural light, the north facing open plan living area is warm and inviting, incorporating a well appointed kitchen featuring gas hotplates, electric oven, dishwasher and island bench. The spacious main bedroom includes a walk-in robe, ceiling fan and private ensuite, while the second bedroom offers a built-in robe and the third bedroom/study also includes built-in storage. A stylish central bathroom boasts a freestanding bath, complemented by carpeted bedrooms, tiled living areas, reverse cycle heating and cooling, and a practical laundry with excellent cabinetry. Neutral earthy tones throughout create a welcoming and contemporary feel. Outside, the secure and private yard is easy to maintain and includes a 3,000 litre water tank and an oversized garage with convenient rear access. Set in a quiet, well connected neighbourhood, this is an outstanding opportunity to enjoy comfort, convenience and easy living.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
1
Land Area
322 m²
Listed
1 month ago

Repayment calculator

$2,424/month
$1,212 /fortnight
Loan $400,000 at 6.10% over 30 years

Upfront costs

Deposit$100,000
Stamp duty$25,070
Conveyancing (est.)$2,000
Total upfront$127,070
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 apartment in Paynesville, VIC 3880 sits within reach of public transport, local shops and nearby schools. It is listed 9% below the $550,000 median of 60 comparable apartmentswithin 5 km.

Schools near Paynesville

  • Paynesville Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • King St/Paynesville Rd (bus)792 m away
  • Paynesville Bakery Cafe1.2 km away
  • Unnamed354 m away
  • Gilsenan Reserve1.3 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 · Unit 2 bed

Compound growth +2.7% / yr over 4 yrs

$390kcurrent median

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Price history

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