OFF MARKET

186 Newlands Drive
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 249m2
Land area: 989m2
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Last updated 16 Sep 2024
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Property Details for 186 Newlands Dr, Paynesville

186 Newlands Dr, Paynesville is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 2009. The property has a land size of 989m2 and floor size of 249m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
2009
Floor Size
249m2
Land Size
989m2
Local Government
East Gippsland
Lot/Plan
9/LP26025

Last Listing description (July 2021)

Set on a traditional quarter acre allotment this beautiful custom built, double-storey home is ideal for people requiring that little extra space. Located at the Western end of Newlands Drive in Paynesville the home is only a short walk to the waterfront and has quick access to local boat ramps or Paynesville's town centre. Downstairs contains three family sized bedrooms with built-in robes, main bathroom & separate toilet, large open plan kitchen/meals/living area with sliding door access to the oversize north facing entertaining area. Upstairs features large man bedroom with walk-in robe & en-suite, separate second living area, study plus balcony with water views. Other benefits include the double carport with drive through access to the 7m x 9m Colourbond garage having concrete floor, power & auto door access.
In excellent condition throughout, this home is a pleasure to inspect & having quality fixtures & fittings adds to the benefits. High class homes like this are hard to find in our current market so be quick to inspect.
Open 7 days.

Property History for 186 Newlands Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$799,000
16 Jul 2021
  • 16 Jul 2021
    Sold for $799,000
  • 12 May 2021
    Listed for Sale $799,000
  • 18 Nov 2019
    Listed for Sale $767,000
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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 3,087 properties. Over the last 5 years, Houses in Paynesville have seen a 56.18% increase in median value, while Units have seen a 73.03% increase. As at 31 August 2024:

  • The median value for Houses in Paynesville is $573,045 while the median value for Units is $392,436.
  • Houses have a median rent of $455 while Units have a median rent of $383.
There are currently 79 properties listed for sale, and 2 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in Paynesville.

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