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48 Cumming Street, Paynesville$505,000
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For Salehouse

48 Cumming Street

Paynesville, VIC 3880, Australia
$505,000
4 bed 2 bath 4 car731 m²

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About this property

Conveniently positioned in a friendly, sought-after town, this well-kept solid brick home offers comfortable living with plenty of potential, making it an excellent opportunity for buyers seeking space, practicality and the chance to make it their own. The home comprises four bedrooms, including a master with ensuite. A central bathroom services the remainder of the home, while the functional floorplan provides comfortable living spaces suited to families, first home buyers and investors alike. Outside, the property offers excellent vehicle accommodation with a high-clearance double carport, ideal for larger vehicles, boats or caravans, as well as a double garage providing additional storage and workshop space. Set on approximately 731sqm, the yard also offers plenty of room for children, pets and gardening enthusiasts. A short stroll or drive will place you in the heart of Paynesville's bustling township, complete with the local IGA, your pick of cafes and the beautiful foreshore. Freeman Reserve, the Bowls Club and Paynesville Primary School are also nearby, adding further convenience. Offering immediate comfort, excellent vehicle accommodation and exciting scope for the future, this appealing property is sure to attract buyers looking to secure their place in one of Gippsland's most popular coastal communities.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
4
Land Area
731 m²
Listed
1 month ago

Repayment calculator

$2,448/month
$1,224 /fortnight
Loan $404,000 at 6.10% over 30 years

Upfront costs

Deposit$101,000
Stamp duty$25,370
Conveyancing (est.)$2,000
Total upfront$128,370
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 22% below the $650,000 median of 73 comparable houseswithin 5 km.

Schools near Paynesville

  • Paynesville Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • King St/Paynesville Rd (bus)802 m away
  • Hair By Sarah Monroe1.3 km away
  • Unnamed445 m away
  • Gilsenan Reserve1.2 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 4 bed

Compound growth +1.0% / yr over 4 yrs

$605kcurrent median

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