OFF MARKET

42 Main Road
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 83m2
Land area: 612m2
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Last updated 11 Nov 2024
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Property Details for 42 Main Rd, Paynesville

42 Main Rd, Paynesville is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 612m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Floor Size
83m2
Land Size
612m2
Local Government
East Gippsland
Lot/Plan
4/LP24009

Last Listing description (October 2022)

Just a short stroll to the water and shopping precinct, 42 Main Road in Paynesville is a cute cottage which has been completely renovated. The home has 2 bedrooms, 1 bathroom, 2 toilets, gas cooking, gas log fire, dishwasher, polished timber floors, and reverse cycle air conditioning. The home sits on approximately 612sqm of land with potential to subdivide, stca. The front gate is a sliding security gate, there is a parking area at the front of the house, carport and lock up shed. Currently rented out on holiday rental and showing good return clientele it has forward bookings until January. The owner would be happy to sell it as a going concern, or look at a longer settlement. For further information contact Bret Ward on 0427562644.

Property History for 42 Main Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$455,000
13 Oct 2022
  • 13 Oct 2022
    Sold for $455,000
  • 04 Oct 2022
    Listed for Sale Not Disclosed
  • 24 Sep 2019
    Sold for $175,000
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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 3,104 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.