OFF MARKET

145B Newlands Drive
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 126m2
Land area: 405m2
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Property Details for 145b Newlands Dr, Paynesville

145b Newlands Dr, Paynesville is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 405m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in May 1993.

Building Type
House
Floor Size
126m2
Land Size
405m2
Local Government
East Gippsland
Lot/Plan
PC381653

Last Listing description (December 2007)

NEWLANDS DRIVE WATERFRONT
Waterfront home with jetty berth in sought after area. Enjoy views of the lake and Newlands Arm township from this older style red cedar home. Complete with kitchen/meals area, large games room, lounge room and two bedrooms. Features include exposed beams and western red cedar wall panelling. Combustion wood, gas and electric heating. Front balcony to sit and enjoy the lake. There is also a detached bungalow with shower and toilet for visitors. Large double carport. Sloping block with mature trees on two titles with total area of 1250m2.

Property History for 145b Newlands Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$90,000
27 May 1993
Listed for Rent
$280/w
04 Nov 2010
  • 27 Jun 2010
    Listed for Rent - Price not available
  • 17 Apr 2008
    Listed for Rent - Price not available
  • 02 Dec 2007
    Listed for Sale $500,000
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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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