SOLD
Sold on 02 May 2024 for $449,000

2/1 Main Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 105m2
Land area: 171m2
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Property Details for 2/1 Main Rd, Paynesville

2/1 Main Rd, Paynesville is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 171m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Paynesville in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
105m2
Land Size
171m2
Local Government
East Gippsland
Lot/Plan
8/SP25933

Last Listing description (August 2024)

Discover the epitome of living 150 meters from the lake in this charming two bedroom unit, offering breathtaking views of the shimmering waters. Just moments from downtown shops, the waterfront and an IGA supermarket, this residence boasts a seamless open plan design with a living area that opens to a view deck. The kitchen features electric wall oven and a dishwasher. The master bedroom includes a walk-in robe and direct bathroom access, second bedroom has built-in robes. With a laundry, separate toilet, garage, carport, and rear covered deck, this home offers both convenience and tranquility. Enjoy paddling or swimming just meters from your doorstep.

Property History for 2/1 Main Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$449,000
02 May 2024
Listed for Rent
10 May 2018
  • 02 May 2024
    Sold for $449,000
  • 05 Mar 2024
    Listed for Sale Sold
  • 08 May 2018
    Listed for Rent $260 / week
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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 3,105 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 88 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.

Suburb Insights for Paynesville 3880

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LJ Hooker Paynesville
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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.