OFF MARKET

31 May Park Drive
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Floor area: 243m2
Land area: 3629m2
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Last updated 11 Nov 2024
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Property Details for 31 May Park Dr, Paynesville

31 May Park Dr, Paynesville is a 4 bedroom, 2 bathroom House with 6 parking spaces and was built in 2010. The property has a land size of 3629m2 and floor size of 243m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
House
Year Built
2010
Floor Size
243m2
Land Size
3629m2
Local Government
East Gippsland
Lot/Plan
19/PS506645

Last Listing description (March 2018)

This well presented home is set on a large block in a quiet street. The house offers a formal entry, large living spaces, reverse cycle air-conditioning. 5 bedrooms, Master with large walk-in robe and en-suite with double shower. the remaining bedrooms have BIR's, ceiling fans, intercom system & TV points. A spacious kitchen with gas cook top, electric oven and walk in pantry, overlooking the family/dining area that has direct access to the two undercover outdoor areas. Double garage at the front of the house plus a 4 bay lock up garage at the rear of the yard. Walking distance to Paynesville Primary School and sporting oval. Pets considered upon application.

Property History for 31 May Park Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$567,000
06 Feb 2018
  • 05 Mar 2018
    Listed for Rent $450 / week
  • 06 Feb 2018
    Sold for $567,000
  • 12 Dec 2017
    Listed for Sale $565,000
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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.

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