OFF MARKET

19 Magnetic Retreat
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 143m2
Land area: 511m2
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Last updated 11 Nov 2024
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Property Details for 19 Magnetic Retreat, Paynesville

19 Magnetic Retreat, Paynesville is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 511m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
2018
Floor Size
143m2
Land Size
511m2
Local Government
East Gippsland
Lot/Plan
20/PS637666

Last Listing description (September 2021)

Elevated and north facing with views across the canals to the lake and mountains beyond, this home offers single level living, four bedrooms, master with ensuite and walk in robe and the other 3 bedrooms serviced by the family bathroom. Being near new, featuring large open plan living with kitchen offering walk in pantry, the living area opens out to the north facing deck taking in the stunning views, fabulous for entertaining. Other features of this fabulous home are ducted heating and cooling, low maintenance gardens, ideal for those not wanting to be working all weekends, leaving you free to have more fun exploring all what this wonderful lakes area offers.

Property Code: 153

Property History for 19 Magnetic Retreat, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$789,950
01 Sep 2021
Listed for Rent
$450/w
31 May 2019
  • 01 Sep 2021
    Sold for $789,950
  • 11 Aug 2021
    Listed for Sale $798,000
  • 22 May 2019
    Listed for Rent - Price not available
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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.

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