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57 Fourth Avenue, Raymond Island$499,000
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57 Fourth Avenue

Raymond Island, VIC 3880, Australia
$499,000
775 m²

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About this property

Positioned in a peaceful and tightly held pocket along Fourth Parade, this rare waterfront allotment offers an exceptional opportunity to build your dream home or holiday escape in one of the Gippsland Lakes' most captivating settings. With a prized western aspect, the block enjoys uninterrupted views across the serene Newlands Backwater and over McMillan Strait to the glittering lights of Paynesville's Esplanade. Whether you are watching the sunset from your future deck or soaking in the morning stillness, the location offers a front-row seat to the beauty of the Lakes. Living on Raymond Island means embracing a lifestyle that is all about nature, connection and relaxation. You are guaranteed to spot koalas in their natural habitat, kangaroos grazing nearby and an abundance of birdlife. Explore the Island's walking and cycling tracks that wind through natural bushland, discover secluded beaches and enjoy the quiet rhythm of island life. The property is just a short walk to the ferry, providing easy access to downtown Paynesville where you can enjoy an excellent range of eateries, wine bars and live music venues including Sardine Dining, Pier 70, Sardine Cantina and the ever-popular Paynesville Hotel. Whether you are into boating, fishing, or simply unwinding in nature, this location delivers. With a welcoming and close-knit community, incredible access to the water and an unbeatable lifestyle on offer, this is your chance to secure a front-row position on the Gippsland Lakes.

Property Details

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

Repayment calculator

$2,419/month
$1,210 /fortnight
Loan $399,200 at 6.10% over 30 years

Upfront costs

Deposit$99,800
Stamp duty$25,010
Conveyancing (est.)$2,000
Total upfront$126,810
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 Raymond Island

This land in Raymond Island, VIC 3880 sits within reach of local amenities. It is listed 0% below the $500,000 median of 66 comparable landswithin 5 km.

Raymond Island at a glance

Full suburb profile
Population
589
Median age
68
Household income
$921/wk
Median rent
$280/wk
Median mortgage
$969/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Raymond Island price trend

Median sold · House 3 bed

Compound growth -4.5% / yr over 4 yrs

$548kcurrent median

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Price history

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