2/54 Main RoadPaynesville VIC 3880
Property Details for 2/54 Main Rd, Paynesville
2/54 Main Rd, Paynesville is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 318m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom House sold in Paynesville in the last 12 months.
Last Listing description (July 2024)
Nestled in the heart of Paynesville, this three bedroom, one bathroom unit situated in a 4 unit complex presents an exciting investment opportunity for both seasoned investors and first time buyers. The unit comprises of an open plan kitchen/living area, three good size bedrooms and a centrally located bathroom. Outside you will find a private backyard, single carport and additional carpark space. Situated just a stone's throw away from the shops and lake, this property offers the perfect blend of convenience, comfort, and potential for strong rental income.
Currently rented at $295 per week.
Property History for 2/54 Main Rd, Paynesville, VIC 3880
- 20 Jan 2024Sold for $270,000
- 31 Jul 2023Listed for Sale $329,000
- 28 Jun 2019Listed for Rent - Price not available
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0About 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.
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