OFF MARKET

17 Main Road
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 164m2
Land area: 961m2
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Property Details for 17 Main Rd, Paynesville

17 Main Rd, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1890. The property has a land size of 961m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
House
Year Built
1890
Floor Size
164m2
Land Size
961m2
Local Government
East Gippsland
Lot/Plan
25/LP16905

Last Listing description (July 2017)

An old Victorian cottage once stood on this elevated allotment. The cottage remains but not in its original condition. With a meeting of old and very new the cottage has been completely renovated to include the main bedroom, WIR and ensuite, study/second living space with original features, 2 double bedrooms, family bathroom, storage cupboards and laundry. A stunning gallery joins the old with the new allowing for light and sunshine all day long. Step in to the vast open dining/living space including a state of the art kitchen, timber floor and soaring ceiling. This opens on to an extensive deck with views over the township and the lake. Outside there is a large garage/workshop and room for extra vehicles. There is easy, single level access to the home from the backyard. Refined living has never been so good! This fabulous residence, styled with modern flair, is the ideal family base to discover the beauty of the village of Paynesville and the Gippsland Lakes and Rivers system.

Property History for 17 Main Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$535,000
11 May 2017
Listed for Rent
$200/w
11 Oct 2011
  • 11 May 2017
    Sold for $535,000
  • 28 Sep 2016
    Listed for Sale $565,000
  • 15 Aug 2012
    Listed for Sale $298,000 (UNDER OFFER)
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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 3,105 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.
There are currently 88 properties listed for sale, and 8 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.