SOLD
Sold on 02 May 2024 for $365,000

39/5 Canal Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 148m2
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Property Details for 39/5 Canal Rd, Paynesville

39/5 Canal Rd, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 148m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Paynesville in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
83m2
Land Size
148m2
Local Government
East Gippsland
Lot/Plan
39/PS337286

Last Listing description (August 2024)

Nestled within the exclusive Parkridge Village, this stylish over 55's unit offers a serene and secure lifestyle. The gated community boasts tranquil surroundings and convenient amenities, creating a haven for residents seeking comfort and convenience. Upon entering, you are greeted by an inviting open plan living room, perfect for relaxing or entertaining guests. The kitchen features electric cooking, dishwasher and ample storage space. The unit comprises two bedrooms, each complimented by built-in robes, providing plenty of storage. The bathroom, separate toilet and laundry with storage cater to practical needs, while the internal access garage with auto door adds convenience. Split system heating/cooling ensures year round comfort, while the sunny courtyard offers a delightful outdoor retreat. Residents can also enjoy access to communal facilities, including a club house with a plunge pool, library, meeting room/kitchen and there is extra parking for vans or boats. This property presents a unique opportunity to embrace a vibrant community lifestyle, offering.

Property History for 39/5 Canal Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$365,000
02 May 2024
  • 13 Jun 2024
    Listed for Sale $375,000
  • 02 May 2024
    Sold for $365,000
  • 20 Apr 2024
    Listed for Sale Under Contract
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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 3,104 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 88 properties listed for sale, and 7 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Paynesville.

Suburb Insights for Paynesville 3880

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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.