328 Gravelly Point RoadRaymond Island VIC 3880
Property Details for 328 Gravelly Point Rd, Raymond Island
328 Gravelly Point Rd, Raymond Island is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 63881m2.
Last Listing description (June 2026)
Positioned on approximately 6 hectares and backing directly onto Lake King, this unique property offers a combination of privacy, flexibility and established income potential, with the added benefit of a private beach located directly opposite the property.
The heavily renovated main residence comprises a well-appointed two-bedroom, one-bathroom unit. Both bedrooms include built-in robes and ceiling fans, whilst the living space is warmed by a wood fire. The kitchen is fitted with a new 900mm De'Longhi gas oven and the home is serviced by gas-boosted hot water. A fenced backyard adjoins the unit, providing a secure and practical space for pets.
Water is supplied entirely by tank, with a 40,000-litre tank servicing the home and a further 20,000 litres dedicated to the external buildings and garden. The property operates fully off grid with a solar power system already in place.
Additional improvements provide significant flexibility. A large shed includes internal structures already framed, presenting the potential to be fitted out as a second dwelling or workshop (permits pending).
A separate cabin is also located on the property and includes a kitchenette, bathroom and toilet. Serviced by its own Jayco water pump and tank, this space is well suited for additional accommodation, guest stays or a private studio.
The property also includes a two-car garage, multiple gravel access tracks throughout the land and several access points across the site.
Currently operating as a successful Airbnb, the property generates substantial returns, with the option for the entire property to be sold fully furnished if desired.
328 Gravelly Pt Rd is an exceptionally unique opportunity to secure one of the largest blocks on Raymond Island.
Call Beadle Real Estate to book your inspection today.
Wendy - 0467 032 010
Amanda - 0400 565 740
Property Code: 393
Property History for 328 Gravelly Point Rd, Raymond Island, VIC 3880
- 24 Jun 2026Listed for Sale $1,150,000
- 12 Mar 2026Listed for Sale $1,150,000
- 22 Apr 2020Listed for Rent $340 / week
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0About Raymond Island 3880
The size of Raymond Island is approximately 25.3 square kilometres. There are 2 parks within the area. The population of Raymond Island in 2016 was 548 people. By 2021 the population was 589 showing a population growth of 7.5% in the area during that time. The predominant age group in Raymond Island is 70-79 years. Households in Raymond Island are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Raymond Island work in a professional occupation.In 2021, 90.70% of the homes in Raymond Island were owner-occupied compared with 87.70% in 2016.
Raymond Island has 620 properties. Over the last 5 years, Houses in Raymond Island have seen a 19.84% increase in median value, while Units have seen a 24.02% increase. As at 31 July 2026:
- The median value for Houses in Raymond Island is $593,058 while the median value for Units is $503,428.
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