SOLD
Sold on 16 Feb 2024 for $740,000

560 Paynesville Road
Bairnsdale VIC 3875

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 138m2
Land area: 96599m2
Sold By
OBrien Real Estate Bairnsdale
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Property Details for 560 Paynesville Rd, Bairnsdale

560 Paynesville Rd, Bairnsdale is a 3 bedroom, 2 bathroom House and was built in 1985. The property has a land size of 96599m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Bairnsdale in the last 12 months.

Building Type
House
Year Built
1985
Floor Size
138m2
Land Size
96599m2
Local Government
East Gippsland
Lot/Plan
CP108645

Last Listing description (May 2024)

Situated on 24 acres (approx) of land featuring expansive fenced paddocks of multiple sizes, both town and bore water, solar system along with ample shedding and horse stables, sits this 3-bedroom weatherboard country cottage home.

With Macleod Morass frontage and easy access to the Mitchell River and the Gippsland Lakes, this dynamic parcel of land is the ideal setup for a small farming operation or hobby farm.

The fantastic sized kitchen complete with stainless steel appliances and an abundance of storage flows onto the dining and lounge room with ample windows overlooking the lush greenery of outside. The lounge and each of the 3 bedrooms feature ceiling fans with AC unit and solid fuel heating creating the perfect climate for all year round.

Externally you will find secure fencing, an abundance of mature trees and gardens along with plenty of shedding options for all your bits and pieces, round yard, cattle crush and plenty of room for the fruit trees, veggie garden and chickens. This property is ideal for grazing or cropping, a new home for the horses or just the peace and quiet of your own small piece of tranquil paradise, this is the one you have been searching for.

View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Property History for 560 Paynesville Rd, Bairnsdale, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$740,000
16 Feb 2024
  • 16 Feb 2024
    Sold for $740,000
  • 29 Nov 2023
    Listed for Sale $750,000
  • 20 Dec 2022
    Listed for Sale $845,000 - $885,000
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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 5,825 properties. Over the last 5 years, Houses in Bairnsdale have seen a 55.18% increase in median value, while Units have seen a 41.54% increase. As at 31 October 2024:

  • The median value for Houses in Bairnsdale is $441,387 while the median value for Units is $321,643.
  • Houses have a median rent of $440 while Units have a median rent of $360.
There are currently 84 properties listed for sale, and 24 properties listed for rent in Bairnsdale on OnTheHouse. According to CoreLogic's data, 217 properties were sold in the past 12 months in Bairnsdale.

Suburb Insights for Bairnsdale 3875

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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.