OFF MARKET

18 The Point
Paynesville VIC 3880

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 471m2
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Last updated 18 Nov 2024
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Property Details for 18 The Point, Paynesville

18 The Point, Paynesville is a 0 bedroom, 0 bathroom House. The property has a land size of 471m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Land Size
471m2
Local Government
East Gippsland
Lot/Plan
5/PS548098

Last Listing description (September 2021)

Set on a flat easy care 471sqm of land, this beautiful north facing allotment has quick and easy access to Lake King and has 11.52m of frontage to the canal. With quality homes surrounding, having all the services available including natural gas, NBN and being the only waterfront allotment for sale under $500,000 makes 18 The Point an attractive buy. Best be fast as this is sure to create attention.

Property History for 18 The Point, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$512,000
31 Aug 2021
  • 31 Aug 2021
    Sold for $512,000
  • 23 Aug 2021
    Listed for Sale $499,000
  • 30 Oct 2019
    Listed for Sale $370,000
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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 3,106 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.

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.