OFF MARKET

18/2-8 Victoria Street
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 4012m2
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Last updated 11 Nov 2024
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Property Details for 18/2-8 Victoria St, Paynesville

18/2-8 Victoria St, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 4012m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
1995
Floor Size
84m2
Land Size
4012m2
Local Government
East Gippsland
Lot/Plan
18/PS328993

Last Listing description (August 2021)

POSITION, POSITION
This two storey apartment is just minutes from the shops and cafes of Paynesville and located opposite McMillan Strait waterway. Choose to sit on either of your two balconies and take in the views across to Raymond Island and watch the boats go by. You can choose to keep this lovely unit for yourself or put it into holiday let through Mariners Cove Management. The apartment consists of open plan living, 2 large bedrooms and combined bathroom/laundry.

Property History for 18/2-8 Victoria St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$350,000
11 Aug 2021
  • 11 Aug 2021
    Sold for $350,000
  • 01 Apr 2021
    Listed for Sale $350,000
  • 15 Feb 2021
    Sold for $320,000
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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.