OFF MARKET

3/116 Main Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 299m2
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Property Details for 3/116 Main Rd, Paynesville

3/116 Main Rd, Paynesville is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1983. The property has a land size of 299m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
Townhouse
Year Built
1983
Floor Size
94m2
Land Size
299m2
Local Government
East Gippsland
Lot/Plan
3/SP22608

Last Listing description (November 2020)

Very quiet rear unit which has been freshly painted inside and offers lounge room with dado wood panelling, kitchen with electric cooking and adjoining meals area. Updated split system for heating and cooling. There are two bedrooms each with BIR's, bathroom and separate WC. Moving outside you will love the spacious yard with entertaining area and carport. The roof has been repointed and painted.

Property History for 3/116 Main Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$218,000
12 Aug 2020
  • 12 Aug 2020
    Sold for $218,000
  • 03 Aug 2020
    Listed for Sale $220,000
  • 18 Sep 2008
    Sold for $174,000

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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 8 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 126 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.