OFF MARKET

114 Main Road
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 1040m2
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Last updated 16 Sep 2024
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Property Details for 114 Main Rd, Paynesville

114 Main Rd, Paynesville is a 3 bedroom, 2 bathroom House and was built in 1920. The property has a land size of 1040m2.

Building Type
House
Year Built
1920
Land Size
1040m2
Local Government
East Gippsland

Last Listing description (September 2021)

Bancroft is a unique property with an interesting history with touches of an original period style homestead throughout. The owners have renovated but touches of history remain. All the hard work is done as the home has been re-stumped, re-wired, re-plumbed and the roof has been replaced. Step inside and enter the lengthy hallway which leads to a light filled living room and separate formal dining area and kitchen which is sure to please those who love to cook or entertain. There are two spacious bedrooms beside the charming bathroom where you can bathe in the freestanding bath, giving a feel that you are in an expensive hotel. The Master bedroom has its own ensuite. In the rear yard there is a two bedroom bungalow which has a spacious lounge, bathroom and an area to prepare food with plenty of cupboards and bench space, perfect for housing your extended family or guests. The block is over 1000m2, apart from the bungalow there is an outdoor entertaining area and large deck along with a grassy area, perfect for a children's or pets play area. A short walk to the beach and the idyllic township of Paynesville. Approximately 15 minutes from Bairnsdale CBD. To inspect this sought after property, please call Kim Ashwood on 0421 868 147 or Dennis van Reyk on 0409 524 780 at ASHWOOD VAN REYK REAL ESTATE.

Property Code: 276

Property History for 114 Main Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
  • 01 Aug 2021
    Listed for Sale $600,000 - $630,000

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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 3,087 properties. Over the last 5 years, Houses in Paynesville have seen a 56.18% increase in median value, while Units have seen a 73.03% increase. As at 31 August 2024:

  • The median value for Houses in Paynesville is $573,045 while the median value for Units is $392,436.
  • Houses have a median rent of $455 while Units have a median rent of $383.
There are currently 79 properties listed for sale, and 2 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in 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.