OFF MARKET

162 Newlands Drive
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 185m2
Land area: 908m2
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Last updated 11 Nov 2024
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Property Details for 162 Newlands Dr, Paynesville

162 Newlands Dr, Paynesville is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1990. The property has a land size of 908m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1990
Floor Size
185m2
Land Size
908m2
Local Government
East Gippsland
Lot/Plan
1/TP134628

Last Listing description (September 2021)

Immaculate home in a great location only a short walk down to the waters edge. This home offers four spacious bedrooms, an open plan kitchen and meals area, plus formal lounge. The kitchen offers huge bench space, quality fixtures and fittings and built in European laundry. Outdoor entertaining is easy at a property like this with multiple areas to spend your time. The back yard is a great size and has easy side access to the shed.
The property features:
- Four bedrooms

- Master bedroom - en-suite and walk-in robe
- Large separate office
- Spacious living area
- Pizza oven
- Huge private deck area
- Undercover entertaining area
- Double car port
- Shed with separate workshop
- Water tank
- Fruit trees and veggie gardens
- Chicken run

Property History for 162 Newlands Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$575,000
27 Aug 2021
  • 27 Aug 2021
    Sold for $575,000
  • 11 May 2021
    Listed for Sale $599,000
  • 03 Oct 2019
    Listed for Sale Not Disclosed
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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 89 properties listed for sale, and 8 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 126 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.