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27A Schooner Terrace, Paynesville$570,000
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27A Schooner Terrace

Paynesville, VIC 3880, Australia
$570,000
635 m²

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About this property

Here is an opportunity to secure one of the last vacant waterfront allotments in the older, established area of Paynesville. Set in the beautifully presented and house-proud Schooner Terrace, this 635sqm allotment offers a fantastic waterfront lifestyle. With a nearby walking track connecting through to Sheerwater Terrace and back onto the footpaths of Langford Parade, the local shops and Paynesville foreshore are easily accessible by foot. With the waterside frontage ideally orientated to the north-east, the block provides the perfect homesite to build your dream waterfront property, allowing natural light to flow into the future living areas. A more recently built pontoon jetty is already in place, with power and water connected, giving you the ability to adventure and explore the Gippsland Lakes with easy canal access north towards McMillan Strait. The lot is titled and ready to build on, with all services available. The neighbouring lot is also available for purchase, so why buy one when you can buy both? Contact the team at King & Heath Paynesville to find out more.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
635 m²
Listed
1 month ago

Repayment calculator

$2,763/month
$1,382 /fortnight
Loan $456,000 at 6.10% over 30 years

Upfront costs

Deposit$114,000
Stamp duty$29,270
Conveyancing (est.)$2,000
Total upfront$145,270
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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 12% below the $645,000 median of 68 comparable landswithin 5 km.

Schools near Paynesville

  • Paynesville Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • King St/Paynesville Rd (bus)633 m away
  • Tobacco Products & Gifts985 m away
  • Gilsenan Reserve848 m away
  • Unnamed874 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 3 bed

Compound growth +0.0% / yr over 4 yrs

$550kcurrent median

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