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7/28 Paynesville Road, Bairnsdale$210,000
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For Saleapartment

7/28 Paynesville Road

Bairnsdale, VIC 3875, Australia
$210,000
1 bed 1 bath 1 car55 m²

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Listing description

About this property

Positioned directly across the road from the Mitchell River, this neat one-bedroom unit offers an easy going lifestyle with everything you need close at hand â including Luckes Fresh Foods just around the corner and the Bairnsdale town centre only a short walk away. Inside, a bright and open-plan kitchen, dining and living area creates a welcoming space to unwind. The north-facing bedroom is comfortably sized with built-in robes to keep things tidy, while the integrated bathroom and laundry flows directly out to a low-maintenance backyard â ideal for those who want outdoor space without the upkeep. A single car garage rounds out the practical appeal of this well-located property. Currently tenanted with a lease through to October, with the existing tenant keen to stay on â making this a ready-made opportunity for investors looking for a hassle-free addition to their portfolio, or owner-occupiers happy to take it at a relaxed pace. Limited inspections are available, reach out to Veronica Davies for details.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
55 m²
Listed
2 months ago

Repayment calculator

$1,018/month
$509 /fortnight
Loan $168,000 at 6.10% over 30 years

Upfront costs

Deposit$42,000
Stamp duty$7,670
Conveyancing (est.)$2,000
Total upfront$51,670
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 Bairnsdale

This 1-bedroom apartment in Bairnsdale, VIC 3875 sits within reach of public transport, local shops and nearby schools. It is listed 52% below the $440,000 median of 66 comparable apartmentswithin 5 km.

Schools near Bairnsdale

  • Bairnsdale Christian Collegecombined · Prep-10 · CoEd
  • East Gippsland Specialist Schoolcombined · U · CoEd
  • Bairnsdale Primary Schoolprimary · Prep-6 · CoEd
  • Bairnsdale West Primary Schoolprimary · Prep-6 · CoEd
  • Wild Cherry Schoolprimary · Prep-6 · CoEd
  • Bairnsdale Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • Service St/Princes Hwy (bus)1.0 km away
  • B & J Crane Stihl Power Tools & Massport923 m away
  • Unnamed950 m away
  • Unnamed1.1 km away
  • City Park1.4 km away

Bairnsdale at a glance

Full suburb profile
Population
7,905
Median age
44
Household income
$1,101/wk
Median rent
$270/wk
Median mortgage
$1,192/mo

Source: ABS Census.

Due diligence

Property Report

Heritage & Conservation

Complete
Heritage listedConservation area

Bairnsdale town centre contains a notable concentration of late 19th and early 20th century buildings reflecting its role as a regional service centre in East Gippsland. A heritage overlay applies to the main commercial and civic precinct, protecting significant structures including the railway station and church. Properties within the conservation area are subject to design review and external modification controls to maintain the town's historic character.

Restrictions

  • External alterations to heritage facades require council approval
  • Demolition or removal of significant heritage structures prohibited without Heritage Victoria consultation
  • Roof and window modifications subject to heritage guidelines
  • New development in conservation area must respond to heritage character and streetscape

Nearby heritage items

Former Bank of Australasia BuildingLocal
200 m
Bairnsdale Town HallLocal
300 m
St Stephen's ChurchState
500 m
Bairnsdale Railway StationState
800 m
250m500m750m1kmFormer Bank of Australasia Building — 0.2 kmBairnsdale Town Hall — 0.3 kmSt Stephen's Church — 0.5 kmBairnsdale Railway Station — 0.8 km

Distance from this property is exact (rings = km). Direction is illustrative.

Source: StMate AI — VIC heritage registers06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Bairnsdale price trend

Median sold · Unit 2 bed

Compound growth +7.7% / yr over 4 yrs

$350kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Bairnsdale market

This listing

Price history

Price history

Listing price changes

1 price change recorded for this property

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Within 5km

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