Lot 615 - Shannon Waters - Bairnsdale

Bairnsdale, ‎Shire of East Gippsland, VIC, 3875

$ 657,500

Bairnsdale, ‎Shire of East Gippsland, VIC, 3875
Lot 615 - Shannon Waters - Bairnsdale-0
Lot 615 - Shannon Waters - Bairnsdale-1

Property Images

Lot 615 - Shannon Waters - Bairnsdale-0 Lot 615 - Shannon Waters - Bairnsdale-1
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 183

Details

Updated on Aug 26, 2026

Property Type: House and Land
Price: $ 657,500
Land Price: $ 204,950
Build Price: $ 452,550
Gross Per Week: $ 535
Gross Per Annum: $ 27,820
Gross Yield: 4.23%
Capital Growth 12 Months: 26.67%
10Yr Annualised Growth: 7.30%
Vacancy Rate: 1.75%
Property Size: 183 m2
Land Area: 438 m2
Bedrooms: 4
Bathrooms: 2
Parking: 2
Title Status: N/A
Property ID: 35688
SKU: 1001

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us*

Shannon Waters is leading Bairnsdale real estate with premium sized land sites, set around a beautifully landscaped parks and gardens development, enjoying undulating corridors to the lake, glorious views across the Mitchell River to the north, and close proximity to the City of Bairnsdale. Shannon Waters land development is a tranquil retreat, offering real estate that is private and family friendly, yet only a short distance from all the quality amenities of Bairnsdale's established thriving regional centre.

The thriving regional hub of Bairnsdale is surrounded by some of Mother Nature's most enchanting beauty spots and the stunning setting of Shannon Waters is no exception. Bairnsdale and District residents relish the accessibility to the life giving majestic waterways that surround the area. The glorious Gippsland Lakes, vast wetlands teeming with birdlife, majestic rivers such as the Mitchell, Tambo and Nicholson are ever present and easily accessible to everyone lucky enough to live here. The private, family friendly retreat of Shannon Waters offers real estate for real people who wish to enjoy all the quality amenities of Bairnsdale, yet live in brand new, blissful surrounds. Our well planned vision offers premium sized lots set around attractively landscaped parks and gardens where undulating corridors lead to the man-made lake and sweeping views across the Mitchell River to the north. A living environment that's an oasis of calm where families and life-long friendships can grow. The Estate is conveniently located within easy walking distance of three quality schools - Nagle College, St Marys Primary School and Christian Community School.

Bairnsdale is the largest city in the East Gippsland region, situated on the Mitchell River which then flows into the extensive Gippsland Lakes system at Lake King. Several parks front the Mitchell River, including the park at the old river port behind the post office, offering BBQ and picnic facilities as well as a jetty. Fishing and boating jetties are also located on the west bank of the Mitchell River, just south of the Princes Highway on the road to Paynesville. Bairnsdale is at the southern end-point of the Great Alpine Road which traverses the Great Dividing Range, and passes through the peaceful village of Bruthen, ascends to the remote Snowy Mountains town of Omeo, the alpine resort of Mount Hotham, the all year round holiday town of Bright, and finally ending up at the large north-eastern Victorian regional city of Wangaratta, over 300 kilometres away.

Address Lot 615 - Shannon Waters - Bairnsdale
City ‎Shire of East Gippsland
State VIC
Postcode 3875
Suburb Bairnsdale

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

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