For Sale

8 Bungaree Avenue, Paynesville, Vic 3880

$420,000

House

Type

Bedrooms

Bathrooms

Parkings

773 m²

Area

Published on Thursday, October 15, 2026 ( See property details for 8 Bungaree Avenue, Paynesville, Vic 3880)

$420,000

View the agent price guide.

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A charming three-bedroom cottage on a spacious 773m2 block in a prime Paynesville location, perfect for lifestyle, holiday, or investment opportunities.

🏡 Property Highlights

Prime location just a short stroll from Paynesville waterfront and town centre
Large 773m2 allotment with great side access
Charming three-bedroom cottage with warm, welcoming feel
Potential for further shedding and outdoor improvements
Close to Gippsland Lakes, offering boating, fishing, and exploration
Ideal for permanent living, holiday retreat, or investment

✨ Key Features

Garden / courtyard
Open-Plan Living
Built-in Robes
Outdoor Area
Waterfront / Views
Shed
Pet-Friendly
Fully fenced
Outdoor Area / Balcony
Water tank

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8 Bungaree Avenue

Paynesville, VIC 3880

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Suburb and Property Insights of Paynesville, VIC 3880

Paynesville is a vibrant lakeside town renowned for its relaxed lifestyle, stunning Gippsland Lakes, and a variety of cafes, shops, and parks. Its proximity to boating, fishing, and Raymond Island ferry makes it ideal for outdoor enthusiasts. The community offers a friendly atmosphere with easy access to amenities, making it a sought-after destination for holidaymakers and residents alike.

Frequently Asked Questions

What are the main lifestyle benefits of living in Paynesville?

Paynesville offers a relaxed lakeside lifestyle with easy access to boating, fishing, parks, and local cafes, making it ideal for outdoor enthusiasts and those seeking a peaceful community atmosphere.

Is the property suitable for holiday use or permanent residence?

Yes, the home’s practical layout and location make it suitable for both permanent living and holiday retreats, providing flexibility for owners.

What features does the property include for outdoor living?

The property features a garden/courtyard, outdoor area, and a large allotment with potential for further shedding or outdoor improvements.

Are there any recent upgrades or renovations?

The property includes a recent garden shed, and the overall cottage offers a warm, inviting atmosphere, though specific recent renovations are not detailed.

What are the nearby amenities and attractions?

Nearby amenities include cafes, restaurants, shops, parks, and the Gippsland Lakes for boating and fishing, with Raymond Island ferry just a short distance away.

What to ask about this property to agent?

Are there any planning or zoning restrictions on adding further shedding or outdoor structures? Is there any history of flooding or bushfire risk in this area? Are there any existing easements or covenants affecting the property? What are the current council rates and any additional costs for property maintenance? Has the property been inspected for structural issues or pests? Are there any upcoming developments or construction projects nearby that could impact the property? Is the property compliant with all local building codes and regulations? Are there any restrictions on pet ownership in the area? What is the history of the property's water and utility services? Are there any known issues with the existing water tank or drainage systems?

8 Bungaree Avenue, Paynesville, Vic 3880 - More Details

$420,000

Positioned in a quiet and convenient street, just a short stroll from the Paynesville waterfront and town centre, 8 Bungaree Avenue presents a charming three-bedroom cottage offering comfortable living in a great location of Paynesville.

Known as Katisha Cottage, the home has a warm and welcoming feel, with a practical layout suited to permanent living, a holiday retreat or an investment opportunity.

Inside, the home offers three bedrooms and comfortable living spaces, including a cosy wood fireplace that creates an inviting atmosphere throughout the cooler months.

The location is a real highlight, with Paynesville's waterfront, cafés, restaurants, shops and local parks all within easy walking distance. The nearby Gippsland Lakes provide endless opportunities for boating, fishing and exploring, while the Raymond Island ferry is only a short distance away.

A big feature of the property is the large 773m2 allotment with single carport and great side access the landholding gives opportunity for further shedding with a more recent garden shed established in the back corner of the allotment.

Whether you're looking for an affordable entry into the Paynesville market, a low-maintenance holiday getaway or a property with investment potential, 8 Bungaree Avenue offers an appealing opportunity to enjoy everything this popular lakeside town has to offer.

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 1
Area: 773 m²

Price guide

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Map & nearby places — 8 Bungaree Avenue, Paynesville, Vic 3880

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8 Bungaree Avenue, Paynesville, Vic 3880

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