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2 Sheerwater Terrace, Paynesville$785,000
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2 Sheerwater Terrace

Paynesville, VIC 3880, Australia
$785,000
4 bed 2 bath 4 car1423 m²

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About this property

Set on an expansive 1,423sqm allotment in a sought-after pocket of Paynesville, this well-established home offers space, flexibility and an enviable lifestyle just moments from the water. Positioned within easy walking distance to waterfront access, it's an ideal setting for those who enjoy boating, fishing or simply taking in the relaxed coastal atmosphere that makes Paynesville so popular. Inside, the home provides a functional and inviting layout with three bedrooms plus a separate study or retreat, offering flexibility for growing families, guests or those working from home. The master bedroom includes an ensuite, while all bedrooms are fitted with built-in robes. The main living zone is bright and welcoming, where the timber kitchen connects seamlessly with the dining and lounge area. Character-filled slate and timber flooring adds warmth, while a wood heater and reverse-cycle air conditioning ensure comfort throughout the seasons. Outdoor living is a standout feature, with multiple covered entertaining areas positioned around the home along with sunny balconies that provide the perfect place to relax with a morning coffee or unwind in the afternoon. A dedicated BBQ and entertaining zone offers space for gatherings with family and friends, with room for a spa and outdoor fridge to complete the setup. The substantial block size allows for outstanding vehicle accommodation and storage. At the front of the property is a large garage capable of housing multiple vehicles and featuring drive-through access to the rear, ideal for securely storing a boat, caravan or trailer. In addition, a three-bay lock-up garage with concrete floor and power provides further space for vehicles, workshop use or hobbies. Offering a combination of indoor comfort, generous land size and excellent storage options, this property presents a fantastic opportunity to secure a spacious home in a desirable Paynesville location close to the water and everything the area has to offer. View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist *Please note that virtual furniture shown is for visualisation purposes only.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
4
Land Area
1423 m²
Listed
3 months ago

Repayment calculator

$3,806/month
$1,903 /fortnight
Loan $628,000 at 6.10% over 30 years

Upfront costs

Deposit$157,000
Stamp duty$42,170
Conveyancing (est.)$2,000
Total upfront$201,170
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 4-bedroom house in Paynesville, VIC 3880 sits within reach of public transport, local shops and nearby schools. It is listed 43% above the $550,000 median of 69 comparable houseswithin 5 km.

Schools near Paynesville

  • Paynesville Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • King St/Paynesville Rd (bus)531 m away
  • Hair By Sarah Monroe929 m away
  • Unnamed758 m away
  • Gilsenan Reserve828 m 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 4 bed

Compound growth +1.0% / yr over 4 yrs

$605kcurrent median

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Price history

Price history

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1 price change recorded for this property

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