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28 Cumming Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1000m2
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Property Details for 28 Cumming St, Paynesville

28 Cumming St, Paynesville is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1000m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Paynesville in the last 12 months.

Building Type
House
Land Size
1000m2

Last Listing description (March 2024)

Unlock the potential of this expansive 1000m2 allotment, featuring an older style three bedroom, one bathroom home. With an approved planning permit for subdivision, this property is a developer's dream. Close to schools and the bowls club, it also offers first home buyers a chance to renovate and enjoy a spacious living environment for family fun and relaxation. Don't miss this rare opportunity!

Property History for 28 Cumming St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
26 Mar 2024
Listed for Rent
$260/w
01 Jun 2016
  • 29 Feb 2024
    Sold for $352,000
  • 20 Dec 2023
    Listed for Sale Sold
  • 25 Nov 2019
    Sold for $220,000
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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 3,104 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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Contact agent
Lorraine Edlington
Show contact details
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.