SOLD
Sold on 05 Feb 2024 for $460,000

1 Mcmillan Grove
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 131m2
Land area: 541m2
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Property Details for 1 Mcmillan Gr, Paynesville

1 Mcmillan Gr, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 541m2 and floor size of 131m2. 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 Paynesville in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
131m2
Land Size
541m2
Local Government
East Gippsland
Lot/Plan
2/PS532613

Last Listing description (November 2023)

Nestled just a short stroll from the water's edge and a convenient boat ramp, you'll find the delightful 1 McMillan Grove on Fort King Island. This charming brick veneer home offers a range of appealing features.

Inside, the house boasts three generously sized bedrooms, each thoughtfully equipped with built-in robes. The master bedroom stands out with its walk-in robe and ensuite, ensuring your comfort and convenience. As you step inside, a bright and airy lounge area greets you, complete with a gas heater for those cozy evenings.

The modern kitchen is a standout feature, offering ample cupboard and counter space, a gas stove top, and an electric oven. It seamlessly connects to the dining room, where sliding doors open to the inviting garden. The home also includes a centrally located main bathroom and a generously proportioned laundry.

Step outside, and you'll find a securely fenced backyard, perfect for privacy and peace of mind. The property also comes with a double car garage and beautifully established gardens.

1 McMillan Grove presents a versatile opportunity. It's an excellent choice for investment purposes or as your own charming residence.

For further information and to arrange a viewing, please contact Bret Ward 0427 562 644.

Property History for 1 Mcmillan Gr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$460,000
05 Feb 2024
Listed for Rent
$260/w
16 Sep 2011
  • 05 Feb 2024
    Sold for $460,000
  • 20 Feb 2023
    Listed for Sale $475,000 NEW PRICE
  • 25 May 2017
    Listed for Sale $312,500
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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 3,106 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.