Back 1 Payne Street
Off Market

1 Payne Street

Gladstone Park VIC 3043

3
1
1
540 m²
House
Last sold for $800,000
Phillip MerciecaPhillip Mercieca, last sold this property on 11 February 2026 after 14 days on market.

Overview

Under Contract by Ray White Gladstone Park

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

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
540 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Gladstone Park over the last 12 months, the estimated median property value of 1 Payne Street is $800k.

Median value
$800k
Estimated value range
$602.5k - $1.17m
Median days on market
20
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Gladstone Park. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 Payne Street

2026
Sold
$800,000
11 Feb 2026 by Phillip Mercieca, of Ray White Gladstone Park

Happy sellers in Gladstone Park

100%
100% of sellers in Gladstone Park reported that their sale price either exceeded or met their price expectations.

Gladstone Park stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Gladstone Park over the last 12 months.

Local market activity for 3 bedroom houses in Gladstone Park

In the last 12 months, 64 three-bedroom houses similar to 1 Payne Street, have been sold.

This represents a 12% increase in three-bedroom houses sales when compared to the previous 12 months.

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