27 Gilsenan Street
Paynesville, 3880 VIC
1980 house on a 973 m² block with 17m frontage.
Property Snapshot
1980House3 Bed2 Bath2 Off Street973 m² Land164 m² Internal17m Frontage
Investment Highlights
What makes 27 Gilsenan Street compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
973 m²
Frontage
17m
Zoning
GRZ1
Residential - Medium Density
Why Buyers Look At This One
Rare add-value profile — 1980 house on a 973 m² block and a 17m frontage.
Renovate upside — modest 164 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 1.1km to bus, 12km to train station and 12km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
3
Bathrooms
2
Parking
2 off-street
Internal Area
164 m²
Ownership & Value
Last Sold$550k
Sold DateMar 2026
Land Value—
RPD2\LP55657
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
3 Bed Median
$525k
Growth Since 2026
—
Price Estimate
—Low
$550k
—High
VeryHigh Confidence
—
Since last sold — $550,000 — March 2026
Suburb 3 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$490
3 Bed Yield
4.9%
Vacancy
1.9%
Rentals Last 12M
6
Suburb 3 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: No bushfire known in this area. Heritage: Aboriginal Cultural Heritage Sensitivity; Recognition and Settlement Agreement - Gunaikurnai RSA - Traditional Owner Settlement Act. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 27 Gilsenan Street.
Train Station
12km
Bus Stop
1.1km
Schools
12km
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
0.7%Train Station
12kmBus Stop
1.1kmCentre Zone
757mRoad Type
residential (Low Noise)School Catchment
12kmPaynesville Snapshot
Broader suburb metrics that support the local story.
Population
3,636
Owner Occupiers
76%
Social Housing
0.7%
Crime Index
—
Not available
High Owner Occupier AppealLow Vacancy
Explore Paynesville in more detail
Deep dive into growth, demand, demographics and comparable sales.
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