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Sold on 16 Jul 2024 - Price Unavailable

3/2 Canal Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 3/2 Canal Rd, Paynesville

3/2 Canal Rd, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Paynesville in the last 12 months.

Building Type
Unit
Local Government
East Gippsland
Lot/Plan
3/RP16326

Last Listing description (July 2024)

Nestled in a tranquil complex near the canals, this inviting unit offers a serene lifestyle with its own yard and driveway. The open plan living room seamlessly blends into the updated kitchen featuring a pantry and electric stove. Two bedrooms, each with built-in robes, provide comfortable retreats, while the updated bathroom boasts a shower, bath, and vanity. The laundry offers storage and a separate toilet enhances convenience. Outside, a garage with an auto door, small workshop and garden shed cater to practical needs, while split system heating and cooling ensure year round comfort. Ideal for those seeking low maintenance living.

Property History for 3/2 Canal Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
16 Jul 2024
Listed for Rent
$210/w
24 Jul 2014
  • 28 Jun 2024
    Sold for $320,000
  • 24 Apr 2024
    Listed for Sale Sold
  • 10 Aug 2021
    Sold for $290,000
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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 3,105 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 87 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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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.