OFF MARKET

2/108 Main Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 195m2
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Property Details for 2/108 Main Rd, Paynesville

2/108 Main Rd, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 195m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
Unit
Year Built
1985
Land Size
195m2
Local Government
East Gippsland
Lot/Plan
2/PS309050

Last Listing description (September 2018)

North facing brick veneer unit offering open plan living, kitchen with electric cooking, dado panelling to living area, two bedrooms each with bir's, garage, private rear yard and parking for second vehicle. Periodic lease at $200pw.

Property History for 2/108 Main Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$160,000
07 May 2019
  • 07 May 2019
    Sold for $160,000
  • 20 Jun 2018
    Listed for Sale $229,000
  • 02 Oct 2012
    Sold for $130,000

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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 3,104 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 7 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 131 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.