OFF MARKET

128 Newlands Drive
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 965m2
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Last updated 11 Nov 2024
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Property Details for 128 Newlands Dr, Paynesville

128 Newlands Dr, Paynesville is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 965m2. While the property is not currently for sale or for rent, it was last sold in January 2015.

Building Type
House
Land Size
965m2
Local Government
East Gippsland
Lot/Plan
37/LP26025

Last Listing description (December 2014)

POSITION AND PRICE
A LOVELY FAMILY HOME IN HIGH QUALITY LOCATION AT AN AFFORDABLE PRICE. SITUATED IN NEWLANDS DRIVE, PAYNESVILLE AND SET ON A LARGE BLOCK THIS HOME WOULD SUIT THE FIRST HOME BUYER OR PEOPLE WANTING THAT EXTRA BEDROOM. OPEN PLAN LIVING, 4 BEDROOMS, 2 BATHROOMS AND SUNNY NORTHERN ASPECT IS COMPLIMENTED WITH DOUBLE GARAGE, EXTRA PARKING SPACE FOR BOAT OR CARAVAN & SUNNY DECKING AREA AT THE REAR OF THE HOME. COMPLETING THE PACKAGE IS THE ESTABLISHED GARDENS, PLENTY OF REAR YARD SPACE FOR THE CHILDREN TO RUN AROUND AND ONLY A SHORT WALK TO THE WATERFRONT. 4 BEDROOM HOMES AT THIS PRICE ARE HARD TO FIND SO AN INSPECTION WILL PLEASE.

Property History for 128 Newlands Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$290,000
07 Jan 2015
  • 07 Jan 2015
    Sold for $290,000
  • 22 Dec 2014
    Listed for Sale $285,000
  • 30 May 2007
    Sold for $265,000
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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 3,107 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:

  • 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 90 properties listed for sale, and 8 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Paynesville.

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