OFF MARKET

28 Magnetic Retreat
Paynesville VIC 3880

Bedrooms: 5
Bathrooms: 4
Car spaces: -
Floor area: 313m2
Land area: 463m2
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Property Details for 28 Magnetic Retreat, Paynesville

28 Magnetic Retreat, Paynesville is a 5 bedroom, 4 bathroom House and was built in 2019. The property has a land size of 463m2 and floor size of 313m2. While the property is not currently for sale or for rent, it was last sold in October 2017.

Building Type
House
Year Built
2019
Floor Size
313m2
Land Size
463m2
Local Government
East Gippsland
Lot/Plan
34/PS637666

Last Listing description (December 2016)

LOT 34 CANAL FRONTAGE - BUILD YOUR DREAM HOME ON THIS 465M2 FULLY SERVICED NORTH FACING BLOCK WITH 15 METRES OF CANAL FRONTAGE. PRESENTING IMMEDIATE ACCESS TO LAKE KING AND GIPPSLAND LAKES AND RIVERS YOU COULD BUILD YOUR OWN PRIVATE JETTY AND MOOR YOUR BOAT(S) AT YOUR DOORSTEP (SUBJECT TO BUILDING PERMIT). A NORTHERLY ASPECT PROVIDES A PERFECT OPPORTUNITY TO TAKE IN THE VIEWS OVER LAKE KING & THE CANALS AND DESIGN AN AREA IDEAL FOR YEAR ROUND LIVING AND ENTERTAINING.LOCATED IN THE TRUE NORTH DEVELOPMENT ITS A CONVENIENT 3 MINUTE DRIVE TO PAYNESVILLE?S SHOPS & FACILITIES AND A SHORT 15 MINUTES TO BAIRNSDALE. SERVICES INCLUDE: ELECTRICITY, NATURAL GAS, TELECOMMUNICATIONS, SEWER AND TOWN WATER.

Property History for 28 Magnetic Retreat, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$310,000
05 Oct 2017
  • 05 Oct 2017
    Sold for $310,000
  • 29 Dec 2016
    Listed for Sale $325,000

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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 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.

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.