1 Payne St, Gladstone Park is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 540m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom House sold in Gladstone Park in the last 12 months.
Offered for the first time, this very well kept original one-owner brick veneer home is superbly positioned in a fantastic location in the true heart of Gladstone Park and presents an outstanding opportunity for home buyers, renovators, investors, or developers alike.
Set on a generous allotment of approximately 540sqm with corner block potential, the home retains its original charm and offers exciting scope to renovate, rebuild, or explore future development options (STCA).
The accommodation includes a comfortable lounge and dining area, original kitchen that was facelifted in the 1970's that is adjoining spacious meals area, three robed bedrooms, and central bathroom. Additional features include ducted heating, air conditioning unit and gas heater in the lounge room, and hardwood floorboards beneath the existing floor coverings.
Externally, the property has a private rear yard, carport & garden sheds - ideal for storage, trades, or future improvements.
Located within steps to Gladstone Park Shopping Centre, local schools & public transport as well as easy access to major freeways, Melbourne Airport, and Westfield Shopping Centre, this is an outstanding opportunity in a well-established and highly sought-after suburb.
An affordable entry-point into Gladstone Park with genuine upside - properties like this are rarely offered and are sure to attract strong interest. Act quickly as this home is expected to be snapped up prior to auction.
Land: Approx. 540m2
Settlement: 30 / 60 days
Auction: Saturday 21st February at 11am
Phillip Mercieca - 0402 419 827
phillip.mercieca@raywhite.com
Rah Anasril - 0422 166 343
rah.anasril@raywhite.com
The size of Gladstone Park is approximately 3.7 square kilometres. It has 9 parks covering nearly 4.7% of total area. The population of Gladstone Park in 2016 was 8338 people. By 2021 the population was 8213 showing a population decline of 1.5% in the area during that time. The predominant age group in Gladstone Park is 30-39 years. Households in Gladstone Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gladstone Park work in a professional occupation.In 2021, 76.60% of the homes in Gladstone Park were owner-occupied compared with 77.50% in 2016.
Gladstone Park has 3,562 properties. Over the last 5 years, Houses in Gladstone Park have seen a 21.58% increase in median value, while Units have seen a 34.62% increase. As at 31 March 2026:
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