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5 Riviera Close

Paynesville, VIC 3880, Australia
$725,000
3 bed 2 bath 2 car1575m²

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Area Price Guide
$681,500$768,500

Indicative price guide range

🏘️
73
Comparable
📊
$539,000
Area median
⚖️
+35%
vs median
📐
$460
Per m²
📏
1575 m²
Land
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Set in a highly sought-after pocket of Paynesville, this beautifully maintained three-bedroom brick home delivers an outstanding combination of space, convenience and future potential. Positioned on an exceptionally large allotment and just moments from the Primary School, shops, waterfront and township amenities, this property is ideal for families, investors or those seeking room to grow. Freshly presented throughout, the home offers a generous and versatile floorplan featuring multiple living and dining zones along with a dedicated study, providing plenty of space for everyday family life, entertaining or working from home. The centrally located kitchen forms the heart of the home, connecting effortlessly with the surrounding living areas. Accommodation is well catered for, with a master bedroom complete with a private ensuite and walk-in robe, while the remaining two bedrooms are spacious and include built-in wardrobes. Both bathrooms are tastefully finished, and comfort is assured year-round with ducted heating throughout the home, plus split system heating and cooling, complemented by a cosy wood heater for the cooler months. One of the standout features is the expansive backyard, accessed via a secondary driveway with wide side gates, making it ideal for securely storing boats, caravans, trailers or additional vehicles. Fully fenced with quality Colorbond fencing and featuring a garden shed, the yard offers exceptional space and flexibility. With its substantial block size and excellent access, there is also clear potential for future subdivision or further development (STCA). Located in a quiet court setting, the home enjoys a sense of privacy and safety while still being within easy walking distance to schools and the heart of Paynesville. Filled with natural light and offering immediate comfort, this is a property that can be enjoyed now while also presenting exciting opportunities for the future. Whether you're searching for a family home, an investment with upside, or a property with room to expand, this outstanding Paynesville opportunity is not to be missed. View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $3,515/month
    $1,757 /fortnight
    Loan $580,000 at 6.10% over 30 years

    Upfront costs

    Deposit$145,000
    Stamp duty$38,570
    Conveyancing (est.)$2,000
    Total upfront$185,570
    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.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    2
    Parking
    2
    Land Area
    1575m²
    Listed
    2 months ago

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