OFF MARKET

41/5 Canal Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 173m2
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Property Details for 41/5 Canal Rd, Paynesville

41/5 Canal Rd, Paynesville is a 2 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 173m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
2001
Land Size
173m2
Local Government
East Gippsland
Lot/Plan
41/PS337286

Last Listing description (August 2022)

Treat yourself to a view in retirement! The elevated position of Villa 41 sets it apart in Parkridge Village, with views over Paynesville to Raymond Island. An abundance of natural light fills the spacious open plan kitchen/dining and living area that take full advantage of the view, and with easy access to a generous undercover veranda, you are set to relax in retirement. Two ample sized bedrooms with built-in-robes, main bedroom with ceiling fan and easy access to bathroom with toilet directly opposite, laundry, separate toilet, single garage with internal access and storage, reverse cycle heating and cooling and ceiling fan. Being a part of the Parkridge Village includes enjoying the many features such as community clubhouse, indoor heated pool and spa, workshop, carwash bay, boat and caravan parking bay, vegetable garden, landscaped gardens and paths, security entry and all only a minutes' drive from Paynesville shopping and foreshore. If your idea of retirement includes a sense of space, open outlooks and an ease of living, Villa 41 is a must see! Call for an inspection today. Open 7 days.

Property History for 41/5 Canal Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$355,000
27 Jul 2022
  • 27 Jul 2022
    Sold for $355,000
  • 19 May 2022
    Listed for Sale $385,000
  • 25 Jun 2008
    Transferred

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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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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.