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31 May Park Drive, Paynesville$349,000
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31 May Park Drive

Paynesville, VIC 3880, Australia
$349,000
1610 m²

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About this property

Located in a quiet court and surrounded by quality homes, 31 May Park Drive offers a generous 1610m² allotment with a wide 19.30 metre frontage in a well regarded part of Paynesville. The open streetscape along May Park Drive gives the area a spacious feel and makes it an ideal location to plan and build a long-term home. The block is flat, builder friendly and completely clear of any easements providing excellent flexibility when it comes to design and layout. All services are available at the street making the site practical and ready to move forward with confidence. With this amount of land there is plenty of room to comfortably position a good-sized home while still allowing space for a shed, swimming pool or other extras depending on your needs. It is a rare opportunity to secure a block that genuinely allows options rather than compromises. The location is also well connected, with footpath access to the local school and sporting facilities along with shared paths that lead through to the Paynesville town centre. Blocks of this size in a quiet and established setting are becoming increasingly hard to find. This is a great opportunity to secure a property with strong long term potential and a great lifestyle on offer.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1610 m²
Listed
3 months ago

Repayment calculator

$1,692/month
$846 /fortnight
Loan $279,200 at 6.10% over 30 years

Upfront costs

Deposit$69,800
Stamp duty$16,010
Conveyancing (est.)$2,000
Total upfront$87,810
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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 35% below the $539,000 median of 68 comparable landswithin 5 km.

Schools near Paynesville

  • Paynesville Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • King St/Paynesville Rd (bus)781 m away
  • Paynesville Bakery Cafe1.2 km away
  • Unnamed141 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 · House 3 bed

Compound growth +0.0% / yr over 4 yrs

$550kcurrent median

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Price history

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