1 The Crescent
Paynesville, 3880 VIC
2002 house on a 597 m² block with 27m frontage.
Property Snapshot
2002House3 Bed2 Bath2 Off Street597 m² Land163 m² Internal27m Frontage
Investment Highlights
What makes 1 The Crescent compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
597 m²
Frontage
27m
Zoning
GRZ1
Residential - Medium Density
Why Buyers Look At This One
Rare add-value profile — 2002 house on a 597 m² block and a 27m frontage.
Renovate upside — modest 163 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 2.2km to bus, 11km to train station and 11km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
3
Bathrooms
2
Parking
2 off-street
Internal Area
163 m²
Ownership & Value
Last Sold$643k
Sold DateApr 2026
Land Value—
RPD2\PS639157
Planning & Site
Property TypeUnknown
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
3 Bed Median
$525k
Growth Since 2026
—
Price Estimate
—Low
$643k
—High
VeryHigh Confidence
—
Since last sold — $643,000 — April 2026
Suburb 3 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$490
3 Bed Yield
4.9%
Vacancy
1.9%
Rentals Last 12M
6
Suburb 3 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: No bushfire known in this area. Heritage: Recognition and Settlement Agreement - Gunaikurnai RSA - Traditional Owner Settlement Act. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 1 The Crescent.
Train Station
11km
Bus Stop
2.2km
Schools
11km
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
0.7%Train Station
11kmBus Stop
2.2kmCentre Zone
1.9kmRoad Type
residential (Low Noise)School Catchment
11kmPaynesville Snapshot
Broader suburb metrics that support the local story.
Population
3,636
Owner Occupiers
76%
Social Housing
0.7%
Crime Index
—
Not available
High Owner Occupier AppealLow Vacancy
Explore Paynesville in more detail
Deep dive into growth, demand, demographics and comparable sales.
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