Paynesville at a glance
3,701
People
$577,000
Median sale
$530/wk
Median rent
4.78%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
VIC › Paynesville › Idalia Ln
$685,000
For sale
Asking
3
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$685,000
Asking
No recorded sale for this property.
Paynesville at a glance
3,701
People
$577,000
Median sale
$530/wk
Median rent
4.78%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Paynesville
+18.7%
Median sale
Suburb $577,000
-0.76 pp
Gross yield
Suburb 4.78%
Suburb median $577,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$41,577 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Paynesville's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $530/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 4.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Paynesville at a glance
3,701
People
$577,000
Median sale
$530/wk
Median rent
4.78%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by OBrien Real Estate BairnsdaleWhy pay the premium for a brand-new home when you can enjoy the same luxury lifestyle while saving approximately $100,000?
This beautifully presented three-bedroom, two-bathroom home at Palm Lake Resort Paynesville offers exceptional value, combining contemporary design, quality finishes and a relaxed resort lifestyle in one of Gippsland's most sought-after over-50s communities.
Designed for effortless living, the spacious open-plan layout features a light-filled living and dining area that flows seamlessly into a modern kitchen complete with quality appliances, ample storage and generous bench space. The master suite includes a private ensuite and built-in robe, while two additional bedrooms provide flexibility for guests, a home office or hobbies.
Step outside to enjoy low-maintenance outdoor living, ideal for entertaining family and friends or simply relaxing with your morning coffee. Every detail has been thoughtfully designed to maximise comfort, convenience and style.
Property Features
· Three spacious bedrooms with built-in robes
· Master bedroom with ensuite
· Modern open-plan kitchen, living and dining
· Quality appliances and contemporary finishes
· Low-maintenance outdoor entertaining area
· Secure parking
· Move-in ready with nothing to spend
Resort Lifestyle
Living at Palm Lake Resort Paynesville means more than owning a beautiful home-it's about embracing a vibrant, active community with access to outstanding facilities and a welcoming social atmosphere. Residents enjoy premium amenities, beautifully maintained grounds and the peace of mind that comes with a secure lifestyle community.
Indoor heated pool, Spa and Sauna. State of the art gym, theatre, championship in door lawn Bowles, yoga studio, dog park library, snooker room, wood working workshop, fully fitted craft room, indoor ten pin bowling, pickleball courts, golf simulator, bar, dance floor, onsite medical centre.
Outstanding Value
This is an exceptional opportunity to secure a luxury home for around $100,000 less than the cost of purchasing a comparable new home within the resort. Enjoy all the benefits of modern living without the additional expense or waiting time associated with building new.
Homes offering this combination of quality, value and lifestyle are highly sought after. Arrange your inspection today and discover why this represents one of the best buying opportunities currently available at Palm Lake Resort Paynesville.
View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
Listing description written by Lauchlan McLean, OBrien Real Estate Bairnsdale — reproduced as published, not verified by Districts.