OFF MARKET

129A Newlands Drive
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 4
Car spaces: 2
Floor area: 230m2
Land area: 2176m2
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Property Details for 129a Newlands Dr, Paynesville

129a Newlands Dr, Paynesville is a 3 bedroom, 4 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 2176m2 and floor size of 230m2. While the property is not currently for sale or for rent, it was last sold in January 2014.

Building Type
House
Year Built
2005
Floor Size
230m2
Land Size
2176m2
Local Government
East Gippsland
Lot/Plan
2/PS534541

Last Listing description (January 2014)

Luxury Waterfront Home
This lovely waterfront home in Paynesville, is only a few minutes walk along the walking track to the shopping centre and has been designed to take in the superb, uninterupted views across the best waterway on the Gippsland Lakes. Set on 2265 sqm of landscaped native gardens, the home has a double garage with workshop, wine cellar, 900mm cooking appliances, walk in pantry, stone bench tops, waterfront boatshed (which is lined inside and has power), deepwater jetty berth at your front door and 4 bedrooms all of which have ensuites, timber balconies and expansive water views.
Property Code: 606

Additional feature/s - Balcony.

Property History for 129a Newlands Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$1,500,000
14 Jan 2014
  • 14 Jan 2014
    Sold for $1,500,000
  • 20 Dec 2013
    Listed for Sale 1690000
  • 30 Nov 2011
    Listed for Sale 1700000
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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 3,104 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, 130 properties were sold in the past 12 months in Paynesville.

Suburb Insights for Paynesville 3880

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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.