OFF MARKET

27 May Park Drive
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Floor area: 320m2
Land area: 4420m2
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Property Details for 27 May Park Dr, Paynesville

27 May Park Dr, Paynesville is a 4 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 4420m2 and floor size of 320m2. While the property is not currently for sale or for rent, it was last sold in December 2003.

Building Type
House
Floor Size
320m2
Land Size
4420m2
Local Government
East Gippsland
Lot/Plan
18/PS506645

Last Listing description (July 2016)

This Magnificent property is situated in a quiet court location just around the corner from Primary School and bowls club and not far from the town centre, boat ramps and the wonderful Gippsland lakes. Craftsman built and perfectly presented the 32 square home features a brilliant central living area, theatre room, study, 2 large bedrooms with walk in robes, 3rd bathroom and at each end are another 2 main bedrooms with their own en-suites perfect for the extended family or guest accommodation. A stunning covered deck area overlooks the almost half acre yard and to top it off there is every mans' dream shed that is 15 x 9m and includes 4 electric roller doors. An inspection is a must to fully appreciate this feature packed home.

Property History for 27 May Park Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$85,000
18 Dec 2003
  • 10 Oct 2015
    Listed for Sale $595,000
  • 25 Jun 2015
    Listed for Sale $595,000
  • 18 Dec 2003
    Sold for $85,000

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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 3,107 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 89 properties listed for sale, and 9 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 129 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.