This lovely level 1000m2 allotment is titled and ready to build on, offering an exceptional opportunity for those seeking to create their dream home or develop a lucrative investment property. Positioned for convenience, the land is situated close to the bowls club, school, walking tracks and recreation ground, ensuring a lifestyle of leisure and ease. With all services available this versatile parcel presents a great 3 unit site (STCA), providing endless possibilities for the astute buyer. Don't miss out on this rare chance to secure your future in this desirable location.
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:
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