OFF MARKET

2/16 Wellington Street
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 61m2
Land area: 1031m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 2/16 Wellington St, Paynesville

2/16 Wellington St, Paynesville is a 2 bedroom, 1 bathroom Unit and was built in 1990. The property has a land size of 1031m2 and floor size of 61m2.

Building Type
Unit
Year Built
1990
Floor Size
61m2
Land Size
1031m2
Local Government
East Gippsland

Last Listing description (June 2023)

AN APPLICATION COMPLETED IN FULL MUST BE SUBMITTED PRIOR TO BOOKING A PRIVATE INSPECTION.
To apply online, please visit paynesville.ljhooker.com.au/renting/Rental-Application

This renovated two bedroom unit is just 180m to the shops and lake and just 100m to IGA. Open plan living/kitchen, combined bathroom/laundry, split system heating/cooling, electric hot water, built-in robes to both generous sized bedrooms, enclosed backyard and carport at front.

Property History for 2/16 Wellington St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Listed for Rent
$355/w
23 Feb 2023
  • 23 Feb 2023
    Listed for Rent $355 / week
  • 22 Jun 2021
    Listed for Rent $280 / week
  • 04 Feb 2014
    Listed for Rent $215 / week
Sign in to see more transactions

Commute Calculator

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

Market Insights
Paynesville Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Paynesville Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.