11/19 Mitchell StreetPaynesville VIC 3880
Property Details for 11/19 Mitchell St, Paynesville
11/19 Mitchell St, Paynesville is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 108m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Paynesville in the last 12 months.
Last Listing description (June 2024)
Welcome to Villa 11 at Captains Cove, where luxury meets convenience in a stunning waterfront setting. This low-maintenance property offers more than just a home – it's a lucrative investment opportunity currently utilized as a holiday rental, ensuring a steady income stream.
The heart of the home lies in its open plan living, dining, and kitchen area. Flooded with natural light, this space is perfect for entertaining guests or simply unwinding. And when it's time to take the festivities outdoors, step onto the deck overlooking the picturesque Paynesville Canals.
Comprising of three generously sized bedrooms and two well-appointed bathrooms.
With its combination of modern amenities, prime location, and income-generating potential, Villa 11 at Captains Cove is more than just a home – it's a lifestyle opportunity. Don't miss your chance to make this waterfront haven your own. All goods included, walk in, walk out.
Property History for 11/19 Mitchell St, Paynesville, VIC 3880
- 13 Jun 2024Sold for $650,000
- 01 May 2024Listed for Sale $715,000
- 07 Jan 2019Sold for $390,000
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0About 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.
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