4/54 Main RoadPaynesville VIC 3880
Property Details for 4/54 Main Rd, Paynesville
4/54 Main Rd, Paynesville is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 258m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in February 2019.
Last Listing description (August 2024)
This freestanding unit offers a golden investment opportunity in a 4 unit complex. Featuring open plan living area with modern laminate flooring, kitchen with updated benchtops and electric oven. Two bedrooms, each equipped with built-in robes, provide comfort and convenience. Other amenities include a bathroom, laundry, carport, private rear yard and second car parking space.Currently leased at $320.00 per week until January 2025, it's a prime investment waiting to be seized. Located close to shops, waterfront and a bowls club.
Property History for 4/54 Main Rd, Paynesville, VIC 3880
- 15 Dec 2023Listed for Rent $320 / week
- 31 Jul 2023Listed for Sale $299,000
- 28 Apr 2023Listed for Rent $320 / week
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0About 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.
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