OFF MARKET

16 Government Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 97m2
Land area: 942m2
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Property Details for 16 Government Rd, Paynesville

16 Government Rd, Paynesville is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 942m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
House
Year Built
2006
Floor Size
97m2
Land Size
942m2
Local Government
East Gippsland
Lot/Plan
35/LP55819

Last Listing description (June 2019)

We are proud to present this pristine cottage with so many gorgeous features and just a short stroll to Lake King. The presentation is outstanding and all that step into this home fall in love. Downstairs: kitchen, living area, combined bathroom/laundry plus bedroom. Upstairs: generous retreat with vaulted ceilings and large enough for extra bedding or 2nd sitting area plus ensuite & R/C aircon. Step from the living room out to the fabulous entertaining area surrounded by lovely gardens. 941sqm of land with side access driveway through to the double shed & carport at the rear.

Property History for 16 Government Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$381,000
14 Jun 2019
  • 19 Jun 2019
    Listed for Sale $379,000
  • 14 Jun 2019
    Sold for $381,000
  • 03 Jan 2016
    Sold for $315,000
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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.

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.