FOR SALE
$423,000

16 Eagle Bay Terrace
Paynesville VIC 3880

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 0.0945ha
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LAKE VIEWS IN A PRESTIGIOUS ESTATE

Situated in a highly sought after area, this 945m2 block offers breath taking views of Lake King and the mountains beyond. Located within a prestigious estate, the property presents an ideal opportunity to design and build your dream home taking advantage of the north aspect in this exclusive neighbourhood surrounded by high quality homes. All services, including gas, are available at the property. This location offers the perfect balance of tranquility and convenience, with local amenities and Paynesville's charming waterfront attractions just moments away.
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Property Details for 16 Eagle Bay Tce, Paynesville

Building Type
Land
Land Size
0.0945ha

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About Paynesville 3880

The size of Paynesville is approximately 7 square kilometres. It has 8 parks covering nearly 3.7% of total area. The population of Paynesville in 2011 was 3,236 people. By 2016 the population was 3,476 showing a population growth of 7.4% in the area during that time. The predominant age group in Paynesville is 60-69 years. Households in Paynesville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paynesville work in a professional occupation. In 2011, 72.3% of the homes in Paynesville were owner-occupied compared with 71.5% in 2016.

Paynesville has 3,089 properties. Over the last 5 years, Houses in Paynesville have seen a 52.83% increase in median value, while Units have seen a 55.29% increase. As at 30 September 2024:

  • The median value for Houses in Paynesville is $564,425 while the median value for Units is $369,670.
  • Houses have a median rent of $468 while Units have a median rent of $380.
There are currently 86 properties listed for sale, and 2 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 124 properties were sold in the past 12 months in Paynesville.

Suburb Insights for Paynesville 3880

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Lorraine Edlington
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LJ Hooker Paynesville
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.