OFF MARKET

1 Bungaree Avenue
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 160m2
Land area: 895m2
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Last updated 11 Nov 2024
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Property Details for 1 Bungaree Ave, Paynesville

1 Bungaree Ave, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 895m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in August 2009.

Building Type
House
Year Built
1975
Floor Size
160m2
Land Size
895m2
Local Government
East Gippsland
Lot/Plan
6/LP21115

Last Listing description (September 2024)

Nestled in a serene locale, this charming 3-bedroom, 2-bathroom residence offers the perfect canvas for creating your ideal living space.
Upon entering, you're greeted by two inviting living areas, ideal for both relaxation and entertainment. The spacious dining room provides ample space for hosting memorable gatherings, while the large kitchen beckons with its potential for culinary creativity.
Situated on a generous 895sqm land parcel, this property boasts abundant parking and storage options, perfect for housing your boats and caravans with ease. The expansive backyard presents an opportunity for green thumbs to flourish, with ample space to cultivate a thriving vegetable garden.

Conveniently located just a short stroll from local shops, yet tucked away in a tranquil neighbourhood, this home offers the best of both worlds convenience and serenity. Don't miss the chance to make this your forever home!

Property History for 1 Bungaree Ave, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$257,500
20 Aug 2009
  • 13 May 2024
    Listed for Sale $490,000
  • 20 Aug 2009
    Sold for $257,500
  • 22 Jan 2002
    Sold for $112,000

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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.