OFF MARKET

140 Newlands Drive
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 144m2
Land area: 1008m2
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Property Details for 140 Newlands Dr, Paynesville

140 Newlands Dr, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 1008m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
1960
Floor Size
144m2
Land Size
1008m2
Local Government
East Gippsland
Lot/Plan
31/LP26025

Last Listing description (November 2020)

Located on Newlands Drive with farmland at the rear of the property we have a comfortable home with some water views across the road to Newlands Back Water. Formal lounge with R/C aircon through to kitchen and meals area & separate study or sunroom. Three bedrooms with BIR's plus bathroom.
Access off the back porch to storage room & 2nd bathroom combined laundry. Drive through access from carport to shed, large north facing backyard with rural outlook. All services connected including natural gas.

Property History for 140 Newlands Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$359,000
10 Oct 2020
Listed for Rent
$205/w
03 Jun 2007
  • 10 Oct 2020
    Sold for $359,000
  • 05 Oct 2020
    Listed for Sale $359,000
  • 26 Oct 2010
    Listed for Sale $255,000
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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 3,108 properties. Over the last 5 years, Houses in Paynesville have seen a 44.79% increase in median value, while Units have seen a 57.17% increase. As at 31 January 2025:

  • The median value for Houses in Paynesville is $568,981 while the median value for Units is $381,903.
  • Houses have a median rent of $473 while Units have a median rent of $385.
There are currently 101 properties listed for sale, and 1 property 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.