55-57 Fourth Ave, Raymond Island is a 0 bedroom, 0 bathroom House. The property has a land size of 1778m2.
Positioned in a peaceful and tightly held pocket along Fourth Parade, this rare waterfront allotment offers an exceptional opportunity to build your dream home or holiday escape in one of the Gippsland Lakes' most captivating settings.With a prized western aspect, the block enjoys uninterrupted views across the serene Newlands Backwater and over McMillan Strait to the glittering lights of Paynesville's Esplanade. Whether you are watching the sunset from your future deck or soaking in the morning stillness, the location offers a front-row seat to the beauty of the Lakes.Living on Raymond Island means embracing a lifestyle that is all about nature, connection and relaxation. You are guaranteed to spot koalas in their natural habitat, kangaroos grazing nearby and an abundance of birdlife. Explore the Island's walking and cycling tracks that wind through natural bushland, discover secluded beaches and enjoy the quiet rhythm of island life.The property is just a short walk to the ferry, providing easy access to downtown Paynesville where you can enjoy an excellent range of eateries, wine bars and live music venues including Sardine Dining, Pier 70, Sardine Cantina and the ever-popular Paynesville Hotel.Whether you are into boating, fishing, or simply unwinding in nature, this location delivers. With a welcoming and close-knit community, incredible access to the water and an unbeatable lifestyle on offer, this is your chance to secure a front-row position on the Gippsland Lakes.
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 619 properties. Over the last 5 years, Houses in Raymond Island have seen a 22.77% increase in median value, while Units have seen a 31.21% increase. As at 30 June 2026:
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