SOLD
Sold on 19 Feb 2024 for $390,000

27/5 Canal Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: -
Car spaces: -
Floor area: 104m2
Land area: 166m2
Save

Property Details for 27/5 Canal Rd, Paynesville

27/5 Canal Rd, Paynesville is a 2 bedroom, bathroom Unit and was built in 2001. The property has a land size of 166m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Paynesville in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
104m2
Land Size
166m2
Local Government
East Gippsland
Lot/Plan
27A/PS337286

Property History for 27/5 Canal Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$390,000
19 Feb 2024
  • 19 Feb 2024
    Sold for $390,000
  • 10 Aug 2021
    Sold for $319,000
  • 21 Jan 2002
    Sold for $143,825

Commute Calculator

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

Market Insights
Paynesville Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Paynesville Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.