OFF MARKET

31/5 Canal Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 141m2
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Last updated 11 Nov 2024
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Property Details for 31/5 Canal Rd, Paynesville

31/5 Canal Rd, Paynesville is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2001. The property has a land size of 141m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Townhouse
Year Built
2001
Floor Size
83m2
Land Size
141m2
Local Government
East Gippsland
Lot/Plan
31/PS337286

Last Listing description (February 2021)

Located in the over 55's gated community of Parkridge Village is a neatly presented home. Featuring open plan living opening to enclosed sunroom and small easy-care garden complete with citrus trees. The home offers 2 bedrooms with built-in robes and the easy-care nature of this property ensures your leisure time will be spent relaxing and living life to the full. Included in the village is a communal club house, library, pool, vegie garden, workshop and parking for vans or extra vehicles. Call today to arrange an inspection.

Property Code: 113

Property History for 31/5 Canal Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$295,000
31 Jan 2021
  • 31 Jan 2021
    Sold for $295,000
  • 10 Dec 2020
    Listed for Sale $295,000
  • 26 Oct 2017
    Sold
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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 9 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Paynesville.

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