OFF MARKET

28 Palm Avenue
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 101m2
Land area: 452m2
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Last updated 11 Nov 2024
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Property Details for 28 Palm Ave, Paynesville

28 Palm Ave, Paynesville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2002. The property has a land size of 452m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
2002
Floor Size
101m2
Land Size
452m2
Local Government
East Gippsland
Lot/Plan
4/PS637656

Last Listing description (September 2024)

This stunning Paynesville home is not one to miss! Featuring 3 good sized bedrooms, master with walk in robe and ensuite and remaining bedrooms with BIR's. Light and bright open plan kitchen/living area boasting gas cooktop, electric oven and dishwasher. Also offering gas ducted heating and reverse cycle air conditioning. Outside there is a paved alfresco area with beautiful established gardens. This property will not last long!

Our agency requires a completed application prior to arranging an inspection time. Please contact Jacinta Holley at Elders Real Estate Bairnsdale on (03) 51527588 or 0497 483 520 for any further information

Property History for 28 Palm Ave, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$555,000
13 Apr 2022
Listed for Rent
$520/w
30 Aug 2024
  • 30 Aug 2024
    Listed for Rent - Price not available
  • 14 Jun 2022
    Listed for Rent $470 / week
  • 13 Apr 2022
    Sold for $555,000
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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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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.