SOLD
Sold on 15 Feb 2024 for $485,000

11 Jim Way
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 159m2
Land area: 680m2
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Property Details for 11 Jim Way, Paynesville

11 Jim Way, Paynesville is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 2013. The property has a land size of 680m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom House sold in Paynesville in the last 12 months.

Building Type
House
Year Built
2013
Floor Size
159m2
Land Size
680m2
Local Government
East Gippsland
Lot/Plan
25/PS604023

Last Listing description (June 2024)

Experience modern living in this stylish home featuring north facing open plan design, vinyl plank flooring and a seamless indoor/outdoor flow through glass doors to private covered entertaining area. The kitchen, equipped with a gas cooktop, under bench oven and dishwasher. Four bedrooms include a master with ensuite and walk-in robe. A family bathroom, separate toilet and internal access to the double garage add convenience. Enjoy year round comfort with ducted gas heating and electric heating/cooling. Plus, there's a versatile fully lined room/colorbond shed for various uses. Set on a 680m2 allotment close to school, this residence offers contemporary comfort.

Property History for 11 Jim Way, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$485,000
15 Feb 2024
Listed for Rent
$400/w
22 Apr 2021
  • 15 Feb 2024
    Sold for $485,000
  • 02 Dec 2023
    Listed for Sale Sold
  • 01 Apr 2021
    Listed for Rent $400 / week
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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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LJ Hooker Paynesville
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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.