Back 14 Mitchell Street
Off Market

14 Mitchell Street

Paynesville VIC 3880

2
1
6
1012 m²
House
Last sold for $500,000
Shaun CarrShaun Carr, last sold this property on 30 August 2026 after 76 days on market.

Overview

Position, Potential & Plenty of Space

Properties with this much space, access and future potential this close to the water are becoming harder and harder to find, and this 1,012m² (approx) Paynesville property is no exception. Just 700m from the Paynesville foreshore and only 200m from the Slip Road boat ramp, the location alone makes this an exciting opportunity for boat owners, investors, tradies or buyers searching for room to move. With rear lane access and extensive infrastructure already in place, the possibilities here are easy to see. Whether you need space for boats, caravans, trailers and extra vehicles, or you're looking for a sizeable block with future subdivision potential (STCA), this is the kind of property that offers flexibility now and upside for the future. A 6.8m x 7.4m shed with adjoining double carport, additional tandem double carport and garden shed provide exceptional storage and vehicle accommodation with excellent access throughout the property. The existing two-bedroom home provides comfortable accommodation with built-in robes to both bedrooms, a central bathroom, separate toilet, separate lounge with split system heating and cooling, plus an open plan kitchen and dining area with electric cooking. Sliding doors open to a covered rear verandah running the full length of the home, complete with ramp access, while the front verandah also spans the length of the house. Whether you're looking to invest, landbank, develop (STCA) or simply secure a large block in a tightly held waterside location, this is an opportunity packed with potential. * All boundaries on photographs are approximate only. * Virtual furniture used for visual purposes only. View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Features

2 bedrooms
1 bathroom
6 carspaces
4 carport spaces
2 garage spaces
1012 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Paynesville over the last 12 months, the estimated median property value of 14 Mitchell Street is $425k.

Median value
$425k
Estimated value range
$370k - $550k
Median days on market
32
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Paynesville. 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 14 Mitchell Street

2026
Sold
$500,000
30 Aug 2026 by Shaun Carr, of OBrien Real Estate Bairnsdale

Happy sellers in Paynesville

94%
94% of sellers in Paynesville reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 3 reviews in Paynesville over the last 12 months.

Local market activity for 2 bedroom houses in Paynesville

In the last 12 months, 6 two-bedroom houses similar to 14 Mitchell Street, have been sold.

This represents a 50% increase in two-bedroom houses sales when compared to the previous 12 months.

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