OFF MARKET

2/103 Main Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 9m2
Land area: 151m2
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Last updated 18 Nov 2024
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Property Details for 2/103 Main Rd, Paynesville

2/103 Main Rd, Paynesville is a 2 bedroom, 1 bathroom Unit. The property has a land size of 151m2 and floor size of 9m2. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
Unit
Floor Size
9m2
Land Size
151m2
Local Government
East Gippsland
Lot/Plan
2/SP24902

Last Listing description (November 2024)

Discover the allure of this delightful brick unit, positioned in a well maintained complex of three units. The property boasts a sought after north facing aspect, bathing the interior in natural light and creating a warm, inviting ambiance.
Inside, an open plan living area welcomes you, featuring timber look flooring. The kitchen is equipped with electric cooking appliances, offering functionality and convenience.

The unit comprises two bedrooms, each complete with built-in robes for ample storage space. The bathroom and laundry cater to everyday needs.
A standout feature of this property is the garage, cleverly converted into a living room. This versatile space could easily be converted back to its original use if desired.
Outside, a paved covered area provides a perfect setting for outdoor living and entertaining. Whether you're relaxing with a book or hosting friends and family, this space is sure to impress.
Additional features include split system heating and cooling, ensuring year round comfort.
Conveniently located, this property offers easy access to local amenities, including shops, schools and public transport.
Currently leased at $285.00 pw until 6-9-2025.

Property History for 2/103 Main Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$175,000
13 Oct 2016
Listed for Rent
21 Aug 2018
  • 26 Mar 2024
    Listed for Sale Not Disclosed
  • 31 Jul 2018
    Listed for Rent $230 / week
  • 13 Sep 2017
    Listed for Sale Under Contract
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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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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.