OFF MARKET

1/58 Vaughan Street
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 83m2
Land area: 420m2
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Last updated 11 Nov 2024
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Property Details for 1/58 Vaughan St, Paynesville

1/58 Vaughan St, Paynesville is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 420m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
1980
Floor Size
83m2
Land Size
420m2
Local Government
East Gippsland
Lot/Plan
1/PS448634

Last Listing description (June 2022)

A fantastic opportunity to add these two units to your investment portfolio. Located only a short walk to the school, recreation reserve and bowls club.
Unit 1 - Refurbished and comprising open plan living, stylish kitchen with butlers pantry, two bedrooms each with BIR's, modern bathroom, laundry, garage, covered outdoor living area and larger than normal yard which will accommodate a van or boat or both. Currently let to 9.12.22 at $330.00 per week.

Unit 2 - Ready for a makeover comprising open plan living, kitchen with electric cooking, two bedrooms each with BIR's, bathroom, laundry, garage with storage area and larger than normal yard. Currently periodic lease and rented at $200.00 per week.

Property History for 1/58 Vaughan St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$585,000
17 Mar 2022
Listed for Rent
01 Dec 2021
  • 06 Apr 2022
    Listed for Sale Not Disclosed
  • 17 Mar 2022
    Sold for $585,000
  • 05 Nov 2021
    Listed for Rent - Price not available
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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.