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VIC › Chirnside Park › Paynes Rd

9 Paynes Rd, Chirnside Park VIC 3116

For saleLand

$1,900,000–$2,090,000

For sale

Asking range

0

Bedrooms

0

Bathrooms

0

Car spaces

40,468.564 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,900,000–$2,090,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,900,000–$2,090,000(Listing record · 3 June 2026)
  • FactLand 40,469 m²; no building size recorded.(Property record)
  • CalculationAsk is 107% above the Chirnside Park median recorded sale ($920,000, n=27, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Chirnside Park's advertised median rent ($696/wk), implied gross yield would be 1.90% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,900,000–$2,090,000

Asking range · $47/m² of land

No recorded sale for this property.

Chirnside Park at a glance

12,617

People

$920,000

Median sale

$696/wk

Median rent

3.93%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Chirnside Park report →

Vs Chirnside Park

+106.5%

Median sale

Suburb $920,000

-2.03 pp

Gross yield

Suburb 3.93%

Suburb median $920,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,900,000
Stamp Duty (Victoria)
$104,500
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,011,814

$111,814 on top of the price (5.9% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Chirnside Park's advertised median rent — not a rent for this listing.

Net yield
0.40%
Annual cashflow (pre-tax)
$-91,108
Interest cover (DSCR)
0.08
Annual rent
$36,192
Operating expenses
$28,500
Loan amount
$1,520,000
Annual interest
$98,800
Gross yield
1.90%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,900,000–$2,090,000available3 June 2026
  2. Soldprice unknown13 May 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $696/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.9%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Chirnside Park in one glance

Chirnside Park at a glance

12,617

People

$920,000

Median sale

$696/wk

Median rent

3.93%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Chirnside Park report →

Keep researching

  • Why Chirnside Park? Read the area thesis →
  • What else is on the market in Chirnside Park →
  • Other records on Paynes Rd →

Listing material

Listed by Noel Jones Maroondah & Yarra Ranges

Ten Acres, Established, Permitted And Ready To Build

A ten-acre holding of this kind usually arrives as bare ground and a list of approvals to chase. This one is considerably further along. The infrastructure that ordinarily consumes the first year of ownership is already complete: mains power and mains water are connected, the paddocks are fenced and hot-wired through the middle and rear, water is reticulated the full length of the western boundary to troughs in the far paddock, and the hay shed has been rebuilt with its own tank and a full security camera system. With animal shelters in place, the land is ready to carry stock from day one.

Beyond its working credentials, the property carries approved plans and permits for a family residence, a pool, a shed, a new crossover and driveway, and a new bridge crossing. The lengthy planning phase has already been navigated on your behalf.

The approved home has been designed for a growing household, including three living zones, a lounge and dining room, a kids retreat with plenty of room, floor to ceiling picture windows in all the living areas frame the beautiful outlook and the rear patio opens the house to outdoor entertaining. There is also a study, a kitchen with walk-in pantry, a main bedroom with walk-in robe and ensuite, three further bedrooms with robes, a central bathroom, laundry, ample storage throughout and an external toilet. Parking is generous too, with a double garage, plus a second single, a shed, two storerooms and a water tank.

Read the full description

Framing all of it are ten private acres (approx) on the edge of the Yarra Valley. Acclaimed wineries, walking and cycling trails, Chirnside Park Country Club and Chirnside Park Shopping Centre are all close at hand, along with equestrian facilities and well-regarded schools including Oxley Christian College and Lilydale Heights College. Public transport and the major arterials remain within easy reach.

With acreage on this scale, there is room well beyond the approved footprint: space for a tennis court to sit alongside the planned pool, and open ground enough for children to run, for friends to gather, and for weekends to slow to a relaxed pace. Whether the future holds a residence built to the endorsed plans, a hobby farm, or the first rows of a boutique vineyard, the essential groundwork has already been laid, giving you the space of the country without cutting yourself off from daily essentials.

Disclaimer:

Noel Jones has taken every precaution to establish the accuracy of the information provided. Some images may have been digitally enhanced or virtually staged for presentation purposes. This material does not constitute any representation by the vendor or real estate agent as to the property's current condition or features. You should rely on your own inspection and enquiries to satisfy yourself of the condition and characteristics of the property.

Listing description written by Ryan Evans, Noel Jones Maroondah & Yarra Ranges — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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