OFF MARKET

1/54 Main Road
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 106m2
Land area: 396m2
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Last updated 11 Nov 2024
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Property Details for 1/54 Main Rd, Paynesville

1/54 Main Rd, Paynesville is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 396m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1970
Floor Size
106m2
Land Size
396m2
Local Government
East Gippsland
Lot/Plan
1/PS327522

Last Listing description (January 2024)

Welcome to this standalone 3 bedroom unit, featuring an open-plan living area that's perfect for comfortable living. The updated kitchen boasts ample bench space, a convenient dishwasher, an electric under bench oven and a cooktop. You'll find three good sized bedrooms, a bathroom and a practical laundry. Outside, enjoy the convenience of a carport and a private rear yard, with an additional parking space. This prime location places you near the waterfront and local shops. Currently leased until August 2024 at $320.00 per week, this property offers both convenience and value.

Property History for 1/54 Main Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$275,000
06 Nov 2023
Listed for Rent
$320/w
02 Aug 2023
  • 06 Nov 2023
    Sold for $275,000
  • 31 Jul 2023
    Listed for Sale $299,000
  • 28 Jul 2023
    Listed for Rent $320 / week
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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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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.