OFF MARKET

16/19 Mitchell Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 118m2
Land area: 147m2
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Property Details for 16/19 Mitchell St, Paynesville

16/19 Mitchell St, Paynesville is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 147m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Year Built
2000
Floor Size
118m2
Land Size
147m2
Local Government
East Gippsland
Lot/Plan
16/PS414841

Last Listing description (March 2021)

For Sale by Deadline 04/03/21 3pm
Affordable waterfront living with the ability to gain a rental income and utilise for your own personal holidays. Furnished throughout this property is situated in central Paynesville amongst the Captains Cove Resort. The property features three bedrooms, two bathrooms and open plan living, kitchen & meals area. Enjoy water views from the upstairs balcony and the downstairs deck with built in seating across the canals and your own jetty berth. Additional 1 car carport, split system air conditioning unit. Benefit from the resort amenities including indoor swimming pool and tennis court. A quick 10 minute walk into Paynesville well regarded cafes, restaurants and boutique shops. Inspection by appointment only.

Property History for 16/19 Mitchell St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$536,500
17 Mar 2021
  • 17 Mar 2021
    Sold for $536,500
  • 04 Feb 2021
    Listed for Sale FOR SALE BY DEADLINE
  • 28 Jan 2016
    Sold for $350,000
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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 9 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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