OFF MARKET

19/5 Canal Road
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 252m2
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Property Details for 19/5 Canal Rd, Paynesville

19/5 Canal Rd, Paynesville is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 252m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Unit
Year Built
2001
Land Size
252m2
Local Government
East Gippsland
Lot/Plan
19/PS337286

Last Listing description (September 2020)

Situated in the popular Parkridge Village for over 55's, this brick veneer villa offers L-shape living area which opens onto a private sunny courtyard, well equipped kitchen with wall oven, dishwasher and pantry, two bedrooms each with BIR's, study/third bedroom, bathroom with large shower and toilet, second separate toilet and garage with auto door. External access through a side gate to the backyard. Additional features include updated split system heating/cooling and power grid system to reduce your power bills. Enjoy the facilities offered which include the clubhouse, workshop, vegetable garden and parking for a boat, van or second vehicle.

Property History for 19/5 Canal Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$285,000
04 May 2020
  • 04 May 2020
    Sold for $285,000
  • 28 Feb 2020
    Listed for Sale Sold
  • 21 Sep 2019
    Transferred
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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 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.

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