OFF MARKET

24 Paynesville Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 181m2
Land area: 895m2
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Property Details for 24 Paynesville Rd, Paynesville

24 Paynesville Rd, Paynesville is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 895m2 and floor size of 181m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1960
Floor Size
181m2
Land Size
895m2
Local Government
East Gippsland
Lot/Plan
4/LP146097

Last Listing description (July 2023)

895m2 of land and the potential for subdivision sets this property apart from others. Whether you subdivide, extend, rent, or perhaps rebuild, this home is more than liveable while you put your plans together. A large single lockup garage gives you a secure car space or extra storage. This oh so neat, clean and sunny 2 bedroom, 1 bathroom home has a spacious kitchen, lounge/dining layout. Whilst the address is a main road, this is beautifully offset by the home being set back on a service road. A high front fence would provide total peace and privacy. Ideal for growing family if you choose to extend or rebuild and more than enough land to house a huge shed along with boat(s) and caravan storage. Don't miss out on this fabulous opportunity.

Property Code: 256

Property History for 24 Paynesville Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$440,000
14 Jun 2023
  • 14 Jun 2023
    Sold for $440,000
  • 03 Jan 2023
    Listed for Sale $480,000
  • 01 Apr 1989
    Sold for $21,500

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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.