FOR SALE
$595,000

40 Wellington Street
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 1018m2
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FAMILY HAVEN WITH ENDLESS POTENTIAL

Nestled in a prime location within walking distance to both the vibrant town center and the tranquil waterside, this expansive family home offers the perfect blend of convenience, comfort, and potential. Boasting a fully renovated interior, this residence is ready to welcome its new owners into a world of modern living and endless possibilities. Upon entering, you're greeted by a spacious family room that seamlessly flows into an exceptional kitchen, the heart of the home where culinary delights come to life. Equipped with top-of-the-line appliances and ample counter space, this kitchen is sure to inspire the inner chef in you. Whether it's hosting family gatherings or casual meals, this inviting space caters to every occasion with style and functionality. Adjacent to the kitchen, a formal lounge awaits, complete with a reverse cycle air conditioner and a cozy solid fuel heater, offering warmth and comfort during cooler evenings. The accommodation comprises 3 generously sized bedrooms, each featuring built-in robes, 4th bed or study. Main bathroom plus combined second bathroom and laundry add to the home's practicality and convenience. While the interior of this home exudes charm and sophistication, the exterior presents an exciting opportunity for the new owners to leave their mark. Situated on a substantial 1018m2 parcel of land, the property offers great potential for further enhancements, such as new garaging or shedding, to cater to your specific needs and preferences. Adding to the appeal is the bonus of rear lane access, providing additional convenience and flexibility to add extra storage for your recreational gear, the options are endless with this expansive land.
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Property Details for 40 Wellington St, Paynesville

40 Wellington St, Paynesville is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1018m2. The place is currently for sale with King & Heath First National - PAYNESVILLE.

Building Type
House
Land Size
1018m2

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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 3,104 properties. Over the last 5 years, Houses in Paynesville have seen a 49.15% increase in median value, while Units have seen a 44.12% increase. As at 31 October 2024:

  • The median value for Houses in Paynesville is $560,256 while the median value for Units is $352,705.
  • Houses have a median rent of $470 while Units have a median rent of $380.
There are currently 88 properties listed for sale, and 7 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Paynesville.

Suburb Insights for Paynesville 3880

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Deborah Pearson
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King & Heath First National - PAYNESVILLE
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Disclaimer
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.