12 Paynes Lane, Lancaster, VIC 3620 | Property Value & History | OnTheHouse
OFF MARKET

12 Paynes Lane
Lancaster VIC 3620

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 154m2
Land area: 116556m2
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Property Details for 12 Paynes Lane, Lancaster

Building Type
Land
Year Built
1940
Floor Size
154m2
Land Size
116556m2
Local Government
Campaspe
Lot/Plan
CP154714

Last Listing description (June 2022)

This 42.8 acre lifestyle property (A Slice Of Heaven) is centrally located between towns such as Kyabram, Tatura, Mooroopna and Shepparton, and it certainly is 'one with the lot'.

The home itself was built in 1935 and has great character throughout, it includes 3 bedrooms + study, living & dining areas, 2 bathrooms (inc en-suite), sunroom and an outdoor laundry. The kitchen is extremely spacious and includes updated appliances, whilst 2 x new R/C split systems have been added and a log fire place in the main living is ideal for those colder winter nights.

Outside is where the fun starts, highlighted by the outstanding man cave which includes bar, cinema room, room for the pool table and jukebox. It is also fully lined and finished off in a quality manner, and would be guaranteed to entertain family of friends for hours on end.

And the fun doesn't finish there... the man cave is adjoined to the 'Lake House' retreat, which could easily be set up as a bed & breakfast. It features many historic elements which have been pulled together from churches and old houses all across the Goulburn Valley area. The house itself includes a bedroom, living and bathroom, and has it's own deck area overlooking the water.. and for a moment it feels like your sitting on the banks of the Murray River! It is also connected to a private under cover area which has it's own pizza room and high quality pizza oven.

The property overall includes 2 x 20 acre paddocks, 5 x water troughs (autofill), a hay barn, kids playground, a work shed with power/concrete, chook pen, in ground pool, plus the inner area around the dam is full of interesting features and would entertain the kids or grand kids for hours!

Another feature of note is the ability to set up a caravan with it's own under cover area and water, power & septic connection. Again this is another opportunity for larger families who require separate living arrangements on the one property. There is also a 9.8kw solar system connected to the property, a large dam, water tank and 2.1 megs of S & D water is also available.

This unique property is certainly one of a kind and certainly won't last long, so please contact Brad Campbell from the #GVsNo1team today on 0416291112 to arrange a time to view.

Property History for 12 Paynes Lane, Lancaster, VIC 3620

A timeline of how this property has performed in the market
Last Sold
$715,000
27 May 2022
  • 27 May 2022
    Sold for $715,000
  • 17 Mar 2022
    Listed for Sale $695,000 - $725,000
  • 23 Nov 2013
    Sold for $300,000
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About Lancaster 3620

The size of Lancaster is approximately 43.3 square kilometres. The population of Lancaster in 2016 was 393 people. By 2021 the population was 398 showing a population growth of 1.3% in the area during that time. The predominant age group in Lancaster is 50-59 years. Households in Lancaster are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lancaster work in a managers occupation.In 2021, 87.40% of the homes in Lancaster were owner-occupied compared with 87.50% in 2016.

Lancaster has 180 properties. Over the last 5 years, Houses in Lancaster have seen a 38.22% increase in median value. As at 30 November 2025:

  • The median value for Houses in Lancaster is $624,826.
There are currently 2 properties listed for sale, and no properties listed for rent in Lancaster on OnTheHouse. According to Cotality's data, 5 properties were sold in the past 12 months in Lancaster.

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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.