OFF MARKET

3/28 Paynesville Road
Bairnsdale VIC 3875

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 58m2
Land area: 55m2
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Last updated 28 Oct 2024
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Property Details for 3/28 Paynesville Rd, Bairnsdale

3/28 Paynesville Rd, Bairnsdale is a 1 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 55m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1960
Floor Size
58m2
Land Size
55m2
Local Government
East Gippsland
Lot/Plan
4/LP62548

Last Listing description (March 2023)

Are you looking to add to your investment portfolio with a property that provides a fantastic return? This one bedroom unit with built-in robes, bathroom and lockable garage, features skylights, air-conditioning and electric cooking.
Long term quality tenant is keen to stay on, $240 per week which is a great return for a savvy investor. We are open 7 days a week for your convenience.

Property History for 3/28 Paynesville Rd, Bairnsdale, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$179,000
22 Feb 2023
Listed for Rent
$180/w
04 Mar 2016
  • 22 Feb 2023
    Sold for $179,000
  • 25 Jan 2023
    Listed for Sale $180,000
  • 05 Oct 2020
    Sold for $130,000
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About Bairnsdale 3875

The size of Bairnsdale is approximately 66.4 square kilometres. It has 15 parks covering nearly 9.2% of total area. The population of Bairnsdale in 2011 was 7,237 people. By 2016 the population was 7,581 showing a population growth of 4.8% in the area during that time. The predominant age group in Bairnsdale is 60-69 years. Households in Bairnsdale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bairnsdale work in a professional occupation. In 2011, 63.8% of the homes in Bairnsdale were owner-occupied compared with 60.8% in 2016.

Bairnsdale has 5,793 properties. Over the last 5 years, Houses in Bairnsdale have seen a 59.68% increase in median value, while Units have seen a 48.87% increase. As at 30 September 2024:

  • The median value for Houses in Bairnsdale is $430,688 while the median value for Units is $341,713.
  • Houses have a median rent of $440 while Units have a median rent of $350.
There are currently 88 properties listed for sale, and 30 properties listed for rent in Bairnsdale on OnTheHouse. According to CoreLogic's data, 207 properties were sold in the past 12 months in Bairnsdale.

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