SOLD
Sold on 01 Mar 2024 for $410,000

26/5 Canal Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 168m2
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Property Details for 26/5 Canal Rd, Paynesville

26/5 Canal Rd, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 168m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Paynesville in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
83m2
Land Size
168m2
Local Government
East Gippsland
Lot/Plan
26/PS337286

Last Listing description (July 2024)

Step into this beautifully refurbished villa in the sought after Parkridge Village, free from deferred management fees. Enjoy the north facing open plan living leading to a private sunny courtyard and covered outdoor living space. The stylish new kitchen boasts glass splashback, induction cooking, dishwasher and island bench. Recently painted with new timber look engineered flooring, day/night blinds, downlights, new split system, two spacious bedrooms, updated bathroom with walk-in shower and modern features create an inviting atmosphere. Benefit from a communal club house, library, pool, workshop, and more. A perfect blend of comfort and community awaits.

Property History for 26/5 Canal Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$410,000
01 Mar 2024
  • 01 Mar 2024
    Sold for $410,000
  • 01 Feb 2024
    Listed for Sale Sold
  • 04 Mar 2022
    Sold for $365,000
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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 3,080 properties. Over the last 5 years, Houses in Paynesville have seen a 58.78% increase in median value, while Units have seen a 73.28% increase. As at 31 July 2024:

  • The median value for Houses in Paynesville is $576,605 while the median value for Units is $400,463.
  • Houses have a median rent of $450 while Units have a median rent of $395.
There are currently 79 properties listed for sale, and 3 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in Paynesville.

Suburb Insights for Paynesville 3880

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LJ Hooker Paynesville
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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.