35 Burden Place, Paynesville, VIC 3880 | Land for sale | OnTheHouse
 
FOR SALE
$3,700,000 + GST (if applicable)

35 Burden Place
Paynesville VIC 3880

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2.806ha
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

ICONIC WATERFRONT DEVELOPMENT OPPORTUNITY

35 Burden Place holds a commanding position on Paynesville's northern edge, fronting the magnificent Gippsland Lakes. Set across 2.806 hectares and zoned Mixed Use, this remarkable landholding boasts more than 350 metres of canal frontage and uninterrupted views stretching across Lake King to the distant mountain ranges. Access is conveniently available via Burden Place off Paynesville Road.
As the final undeveloped section of the Paynesville's canal development, this site has long been regarded as the jewel in the crown by the original developers. Opportunities of this scale and quality simply no longer exist within the waterfront precinct. Its expansive water frontage, sweeping outlook and direct access to the Gippsland Lakes combine to make 35 Burden Place a standout acquisition for purchasers seeking position, potential and genuine scarcity.
A planning application is about to be lodged with East Gippsland Shire Council for an 11-lot subdivision, with each allotment proposed to include its own private jetty.
Vacant waterfront land of this calibre has not been offered in Paynesville for many years. For those looking to secure an irreplaceable slice of the Gippsland Lakes, 35 Burden Place represents a rare and significant opportunity.
View Statement of Information

Property Details for 35 Burden Pl, Paynesville

Building Type
Land
Land Size
2.806ha
Commute Calculator

About Paynesville 3880

The size of Paynesville is approximately 7.0 square kilometres. It has 8 parks covering nearly 3.7% of total area. The population of Paynesville in 2016 was 3480 people. By 2021 the population was 3636 showing a population growth of 4.5% in the area during that time. The predominant age group in Paynesville is 70-79 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 2021, 76.30% of the homes in Paynesville were owner-occupied compared with 71.50% in 2016.

Paynesville has 3,337 properties. Over the last 5 years, Houses in Paynesville have seen a 35.81% increase in median value, while Units have seen a 47.32% increase. As at 31 October 2025:

  • The median value for Houses in Paynesville is $603,970 while the median value for Units is $374,388.
  • Houses have a median rent of $500 while Units have a median rent of $380.
There are currently 100 properties listed for sale, and 11 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 170 properties were sold in the past 12 months in Paynesville.

Paynesville Profile Page

Suburb Insights for Paynesville 3880

Visit Paynesville profile page
Market Insights
Paynesville Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Paynesville Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Paynesville profile page
Contact agent
agent headshot
Todd Leggatt
Show contact details
Call agent
King & Heath First National - PAYNESVILLE
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED