OFF MARKET

129B Newlands Drive
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 1442m2
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Property Details for 129b Newlands Dr, Paynesville

129b Newlands Dr, Paynesville is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 1442m2. While the property is not currently for sale or for rent, it was last sold in August 2018.

Building Type
House
Land Size
1442m2
Local Government
East Gippsland
Lot/Plan
1/PS534541

Last Listing description (September 2018)

Spacious refurbished home offering glimpses of the lake on large 1491m2 allotment with direct access to the waterfront and your own jetty berth. Offers kitchen/meals/family room, lounge room which opens to the extensive entertaining deck, three bedrooms, study, main bedroom with ensuite and walk-in robe and laundry. Ducted gas heating, solid fuel heating, split system, two wall ovens and dishwasher. Moving outside there is a double garage and carport. Adjoins walking track along the waters edge to the shops. Water access and views but with lots of privacy - the best of both worlds!

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

A timeline of how this property has performed in the market
Last Sold
$670,000
01 Aug 2018
Listed for Rent
30 Aug 2017
  • 01 Aug 2018
    Sold for $670,000
  • 02 Mar 2018
    Listed for Sale $679,000
  • 10 Aug 2017
    Listed for Rent $430 / week
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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, 131 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.