OFF MARKET

2/42 Ashley Street
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 360m2
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Property Details for 2/42 Ashley St, Paynesville

2/42 Ashley St, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 360m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in March 2012.

Building Type
Unit
Year Built
1995
Floor Size
84m2
Land Size
360m2
Local Government
East Gippsland
Lot/Plan
2/PS516526

Last Listing description (November 2024)

Positioned in a prime location across from Paynesville Primary School, 2/42 Ashley Street offers an ideal blend of convenience and comfort. This unit is perfect for downsizers, investors, or anyone seeking a low-maintenance coastal lifestyle. Currently leased at $325 per week, it presents an excellent investment opportunity.

Inside, the open-plan living area creates a bright and spacious atmosphere, while the modern kitchen is both convenient and functional. The two generously sized bedrooms feature built-in robes, providing ample storage for everyday living. Be kept comfortable year-round with split system heating and cooling.

The full-sized bathroom includes both a separate shower and a bath, offering practicality and relaxation. Outside, the yard is a blank canvas, ready for you to design your own outdoor space. Set on an easy care block, this property offers easy access to local amenities, parks, and the stunning Gippsland Lakes, ensuring the best of Paynesville living right at your doorstep.

View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Property History for 2/42 Ashley St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$182,000
01 Mar 2012
Listed for Rent
13 Apr 2018
  • 13 Sep 2024
    Listed for Sale $370,000
  • 05 Mar 2018
    Listed for Rent $250 / week
  • 21 Aug 2017
    Listed for Rent $250 / 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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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.