OFF MARKET

109B Newlands Drive
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 1583m2
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Property Details for 109b Newlands Dr, Paynesville

109b Newlands Dr, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 1583m2. While the property is not currently for sale or for rent, it was last sold in June 2015.

Building Type
House
Year Built
1960
Land Size
1583m2
Local Government
East Gippsland
Lot/Plan
3/PS613310

Last Listing description (July 2015)

- Private Jetty Berth
- 1569sqm
SILVERWATER is a dream home designed to capture sparkling water views and to maximize the sunshine entering the home all year round.

Only the best has been used in the home, creating an understated but classy impression. The open living spaces are cleverly designed to provide access to the extensive decking overlooking the waters of the Newlands Arm of Lake Victoria. The rear courtyard enables entertaining on a grand scale using the large adjacent undercover garage space as needed. As well as the three double bedrooms there is an upstairs retreat, an open study area and a large store room. Underneath the house is another surprise
a large multi-purpose room suitable for a combined cellar, games room or gym. A second double garage and boat or van port is an added feature.

Property History for 109b Newlands Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$1,000,000
24 Jun 2015
  • 24 Jun 2015
    Sold for $1,000,000
  • 18 Dec 2013
    Listed for Sale $1,175,000
  • 02 Jul 2008
    Sold for $1,360,000

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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.