SOLD
Sold on 15 Oct 2024 for $850,000

38 May Park Drive
Paynesville VIC 3880

Bedrooms: 4
Bathrooms: 2
Car spaces: 5
Floor area: 272m2
Land area: 1414m2
Sold By
OBrien Real Estate Bairnsdale
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Property Details for 38 May Park Dr, Paynesville

38 May Park Dr, Paynesville is a 4 bedroom, 2 bathroom House with 5 parking spaces and was built in 2008. The property has a land size of 1414m2 and floor size of 272m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom House sold in Paynesville in the last 12 months.

Building Type
House
Year Built
2008
Floor Size
272m2
Land Size
1414m2
Local Government
East Gippsland
Lot/Plan
1/PS534572

Last Listing description (December 2024)

Discover the timeless charm of 38 May Park Drive, a truly distinctive home, designed with an unmistakable old-world charm. Positioned in a peaceful cul-de-sac, this 4-bedroom property stands apart with its classic design and beautifully landscaped 1414m? (approx.) block, offering privacy and plenty of space for the whole family. Just minutes from the Primary School, sports facilities, and a short stroll to the lakeside village, this home is perfectly located for everyday convenience.

Step inside and be welcomed by a wide foyer, leading to the heart of the home ? an expansive kitchen, meals, and family area. With a large island bench, high-end cabinetry, and Caesarstone countertops, this space is bathed in natural light from its north-facing windows, creating a warm and inviting atmosphere. The home offers multiple living areas, including a formal lounge and a flexible room perfect for a rumpus or theatre. Modern comforts such as split system heating and cooling ensure year-round comfort.

The main suite features a walk-in robe and private ensuite, while two of the additional three bedrooms include built-in robes, offering ample space for family or guests. Outdoors, the enclosed alfresco room is a standout, complete with a kitchenette and built-in BBQ, making it perfect for year-round entertaining under the cover of the outdoor area. The property also boasts a solar system with battery storage and a Solarhart PowerStore hot water service, adding both sustainability and savings to the home.

With undercover parking for five vehicles, plenty of room for boats or caravans, ceiling roses throughout, and immaculate gardens with space for expansion, this home effortlessly combines classic charm with modern practicality. This is a rare opportunity to own a truly unique Paynesville property ? schedule your inspection today!

View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Property History for 38 May Park Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$850,000
15 Oct 2024
  • 15 Oct 2024
    Sold for $850,000
  • 03 Oct 2024
    Listed for Sale $850,000
  • 03 Dec 2020
    Sold for $675,000
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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 3,109 properties. Over the last 5 years, Houses in Paynesville have seen a 52.44% increase in median value, while Units have seen a 49.80% increase. As at 30 November 2024:

  • The median value for Houses in Paynesville is $563,390 while the median value for Units is $368,460.
  • Houses have a median rent of $473 while Units have a median rent of $380.
There are currently 94 properties listed for sale, and 6 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 132 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.