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8 Bungaree Avenue, Paynesville VIC 3880

$420,000

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$420k - $441k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 773 m²

Listed: 17 days ago

Overview

Set in a peaceful street mere steps from Paynesville's vibrant waterfront and town centre, this inviting cottage known as Katisha Cottage beautifully balances comfort and convenience. Its three-bedroom configuration and welcoming living spaces, accentuated by a cosy wood fireplace, provide a versatile home suitable for permanent residence, holiday retreat, or investment.

The property's location offers exceptional lifestyle benefits, with cafes, local shops, restaurants, and parks all within easy walking distance. Nature enthusiasts will appreciate proximity to the Gippsland Lakes and the convenient access to the Raymond Island ferry, opening doorways to boating, fishing, and exploration.

Situated on a generous 773 square metre allotment, the residence includes a single carport and side access that invites potential for additional shedding or development, complemented by a garden shed at the rear. This low-maintenance property presents an accessible entry point into the Paynesville market, appealing to those seeking a lakeside lifestyle with flexible living options.

Local Market Insights

In Paynesville, Quiet Listings observed 15 new houses entering the market over the last 30 days, down from 22 during the previous 30-day period, with an average advertised asking price of $1,083,333. The property type mix of listed properties is predominantly Houses at 79%, followed by units (16%), and villas (5%). The most active agency for houses in the Paynesville area is currently First National, representing 53% of new listings, followed by LJ Hooker with 40%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.