OFF MARKET

21 May Park Drive
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 220m2
Land area: 1891m2
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Property Details for 21 May Park Dr, Paynesville

21 May Park Dr, Paynesville is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2004. The property has a land size of 1891m2 and floor size of 220m2. While the property is not currently for sale or for rent, it was last transferred in March 2016.

Building Type
House
Year Built
2004
Floor Size
220m2
Land Size
1891m2
Local Government
East Gippsland
Lot/Plan
17/PS506645

Property History for 21 May Park Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Transferred
06 Mar 2016
  • 06 Mar 2016
    Transferred
  • 10 Sep 2009
    Sold for $516,000
  • 13 Nov 2003
    Sold for $64,000

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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, 130 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.