OFF MARKET

136 Newlands Drive
Paynesville VIC 3880

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Land area: 1016m2
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Property Details for 136 Newlands Dr, Paynesville

136 Newlands Dr, Paynesville is a 5 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 1016m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
House
Land Size
1016m2
Local Government
East Gippsland
Lot/Plan
33/LP26025

Last Listing description (March 2020)

Located along Newlands Drive, number 136 has so many options to offer the astute purchase. Five bedrooms and 3 bathrooms just to start with, plenty of shedding, water views, sunny North facing back yard, large entertainment area, self contained unit, plenty of room for boats and caravans and no neighbours out the back. The home has the main bedroom with ensuite, walk in robes and study upstairs, private balcony access which gives you a perfect vantage point to take in the boats along Newlands Arm. Downstairs there are 2 other bedrooms, main bathroom, formal lounge room and dining room, open plan kitchen with a second living area and another dining room. Attached to the house there is a self contained unit which could be perfect for family or even as an air bnb so you can make a few extra dollars. The unit has direct access to the house, but it also has a separate entry and can be locked off from the main house if required. Out the back there is a workshop, double garage, large carport for caravans and another carport beside the house. One of the best ones we have listed for a while with so many options and priced to sell.

Property Code: 1158

Property History for 136 Newlands Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$472,000
30 Jan 2020
  • 30 Jan 2020
    Sold for $472,000
  • 15 Nov 2019
    Listed for Sale $489,000
  • 12 Nov 2018
    Listed for Sale $489,000
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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 3,089 properties. Over the last 5 years, Houses in Paynesville have seen a 52.83% increase in median value, while Units have seen a 55.29% increase. As at 30 September 2024:

  • The median value for Houses in Paynesville is $564,425 while the median value for Units is $369,670.
  • Houses have a median rent of $468 while Units have a median rent of $380.
There are currently 86 properties listed for sale, and 2 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 123 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.