FOR SALE
$260,000

14 Newlands Drive
Paynesville VIC 3880

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 515m2
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100M Walk To The Waterfront with Incredible View Potential

Sterling Realty proudly presents this titled block of land situated within Victoria's boating capital - Paynesville! Located in the heart of the town on the corner of Newlands Drive and Schoolyard Court, just a short 100M walk to the waterfront, Lake Victoria and Paynesville's shopping centre, this 515sqm (approx.) allotment is perfect for people wanting an easy lifestyle.
Standing on this allotment you can see the water through the trees. So just imagine how it would look from the balcony of the double storey home! This is the ultimate destination for those looking for a prime real estate investment or built your dream retreat!
Paynesville is located 295km from Melbourne's CBD and promises to be a revered residential destination with thoughtfully planned amenities aimed to enhance residents' quality of life from the outset. Don't be fooled by the name, Paynesville is pure delight!
Set on the shores of the hypnotising Gippsland Lakes, the town boasts unrivalled access to the spectacular water playground.
Paynesville’s system of azure-hued canals and inlets means more waterfront accommodation, eateries and facilities than you can poke a stick at. It’s this signature waterfront touch that makes Paynesville a favourite holiday destination for lovers of boating and fishing.
LAND DIMENSIONS:
- Front: 25.0m (approx.)
- Depth: 20.58m (approx.)
- Orientation: South
To secure this incredible opportunity to build your perfect home within Victoria's boating capital, don’t delay and enquire today!
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Property Details for 14 Newlands Dr, Paynesville

Building Type
Land
Land Size
515m2

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About Paynesville 3880

The size of Paynesville is approximately 7 square kilometres. It has 8 parks covering nearly 3.7% of total area. The population of Paynesville in 2011 was 3,236 people. By 2016 the population was 3,476 showing a population growth of 7.4% in the area during that time. The predominant age group in Paynesville is 60-69 years. Households in Paynesville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paynesville work in a professional occupation. In 2011, 72.3% of the homes in Paynesville were owner-occupied compared with 71.5% in 2016.

Paynesville has 3,089 properties. Over the last 5 years, Houses in Paynesville have seen a 52.83% increase in median value, while Units have seen a 55.29% increase. As at 30 September 2024:

  • The median value for Houses in Paynesville is $564,425 while the median value for Units is $369,670.
  • Houses have a median rent of $468 while Units have a median rent of $380.
There are currently 86 properties listed for sale, and 2 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 124 properties were sold in the past 12 months in Paynesville.

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