16 Jim WayPaynesville VIC 3880
Property Details for 16 Jim Way, Paynesville
16 Jim Way, Paynesville is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 632m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (July 2021)
Located in Coast Estate Paynesville, this 4 bedroom, 2 bathroom home has been securely tenanted for years and the tenants are happy to stay on. Set on 632sqm of land and having crown land at the back of it which can not be built on, this home makes for the perfect investment property. Inspection will be after the 14th of May.
Property History for 16 Jim Way, Paynesville, VIC 3880
- 27 May 2021Sold for $399,000
- 03 May 2021Listed for Sale $399,000
- 13 Feb 2018Listed for Sale $310,000
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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 3,105 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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