16 Backwater CourtPaynesville VIC 3880
Property Details for 16 Backwater Ct, Paynesville
16 Backwater Ct, Paynesville is a 0 bedroom, 0 bathroom House. The property has a land size of 1395m2. While the property is not currently for sale or for rent, it was last sold in March 2018.
Last Listing description (September 2024)
High on a hilltop, just off prestigious Newlands Drive is one of Paynesville's most scenic locations. 1392m2 (approx) of green lawn and established garden beds just waiting for that lucky person to build their dream home. Panoramic and exceptional views of Lake King and Newlands Arm are forever yours. A single storey home will also encompass these magnificent views. Blocks such as this rarely come on the market, and with the added advantage of close proximity to the lakefront Sunset walking track and Paynesville Village. If this sounds and looks like your slice of heaven, call Wendy now on 0467 032 010
Property Code: 294
Property History for 16 Backwater Ct, Paynesville, VIC 3880
- 10 Jul 2024Listed for Sale $600,000 - $650,000
- 06 Mar 2024Listed for Sale $750,000
- 14 Mar 2018Sold for $360,000
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0About 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.
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