OFF MARKET

16 Lara Close
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 836m2
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Property Details for 16 Lara Cl, Paynesville

16 Lara Cl, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1987. The property has a land size of 836m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1987
Land Size
836m2
Local Government
East Gippsland
Lot/Plan
15/LP146803

Last Listing description (January 2023)

There is plenty of potential here at 16 Lara Close, whether you're a family that wants space for the kids to play, a retired couple wanting to establish a great garden or you're looking for your next investment, this property provides opportunity on several fronts. It all starts with a great sense of space, located in a quiet cul-de-sac, on 836sqm of land and neighbouring reserve. The home provides 3 living spaces, main lounge with fireplace & split system heating/cooling, dining/living area adjacent to the kitchen and an enclosed sunroom, that gives you room to spread out. With 3 bedrooms, main with WIR, fan and ensuite and 2 with BIRs, main bathroom with bath, separate toilet, and large laundry that completes the home. Outside there is a 6m x 8m shed with power, undercover lean-to, woodshed, potting shed, and low-maintenance gardens. This really is opportunity knocking, to let it in the door, book an inspection today. Open 7 days.

Property History for 16 Lara Cl, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$460,000
02 Jan 2023
Listed for Rent
$320/w
03 Nov 2018
  • 02 Jan 2023
    Sold for $460,000
  • 09 Dec 2022
    Listed for Sale $475,000
  • 03 Nov 2018
    Listed for Rent $320 / week
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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 3,106 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 87 properties listed for sale, and 6 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 128 properties were sold in the past 12 months in Paynesville.

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