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27 Newlands Drive
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 931m2
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Property Details for 27 Newlands Dr, Paynesville

27 Newlands Dr, Paynesville is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 931m2. While the property is not currently for sale or for rent, it was last transferred in April 2023.

Building Type
House
Land Size
931m2
Local Government
East Gippsland
Lot/Plan
3/PP5627

Property History for 27 Newlands Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Transferred
07 Apr 2023
  • 07 Apr 2023
    Transferred
  • 19 Jan 2012
    Sold for $685,000
  • 04 Sep 2002
    Sold for $497,500

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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 3,107 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 90 properties listed for sale, and 8 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Paynesville.

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