OFF MARKET

1/2 Burden Place
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 84m2
Land area: 210m2
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Last updated 11 Nov 2024
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Property Details for 1/2 Burden Pl, Paynesville

1/2 Burden Pl, Paynesville is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1992. The property has a land size of 210m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
Unit
Year Built
1992
Floor Size
84m2
Land Size
210m2
Local Government
East Gippsland
Lot/Plan
1/RP15896

Last Listing description (October 2019)

Located in Burden Place, this lovely brick home has 2 bedrooms and 1 bathroom, large lounge room, covered in sitting room, 2 x reverse cycle air conditioners, gas wall heater on town gas, open plan dining/lounge/kitchen, single carport, single car garage, a couple of workshops, low maintenance yard, securely fenced and private. If you are looking for a holiday home or a retirement home, then this is the one for you. Inspections are by appointment only by contacting Bret Ward on 0427562644.
Property Code: 1119

Property History for 1/2 Burden Pl, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$250,000
19 Sep 2019
  • 19 Sep 2019
    Sold for $250,000
  • 12 Aug 2019
    Listed for Sale $260,000
  • 02 Feb 2011
    Sold for $230,000
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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 3,105 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 8 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Paynesville.

Suburb Insights for Paynesville 3880

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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.