12 Mcmillan Gr, Paynesville is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Here is an opportunity to purchase this two storey complex offering 2 x 3 bedroom units positioned close to the waterfront and boasting water views from second level. Obtain an income from both units or rent one and live in the other. Unit 2 currently rented at $300.00 per week and Unit 1 advertised at $350.00 pw.
Unit 2 comprises spacious living area with updated kitchen and lake views from the balcony. Three spacious bedrooms, bathroom with shower over bath, laundry, separate shower room and WC.
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 3,107 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:
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