OFF MARKET

42A Cumming Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 660m2
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Last updated 18 Nov 2024
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Property Details for 42a Cumming St, Paynesville

42a Cumming St, Paynesville is a 3 bedroom, 2 bathroom House. The property has a land size of 660m2.

Building Type
House
Land Size
660m2
Local Government
East Gippsland

Last Listing description (March 2019)

This architecturally designed single-level home features a unique modern design offering low maintenance living in the heart of Paynesville. The fenced front yard leads into an entry foyer flowing through to open plan living and dining spaces opening out through sliding glass doors to a large covered entertaining deck. Split system A/C and natural gas log fire add to the comfort and ambience and the clever design takes advantage of the northern aspect, particularly in the winter months with plenty of glass along the northern side to soak up the warmth of the winter sun. The master bedroom comprises a walk-through robe to its own private bathroom and the further two bedrooms with built-in robes share a central bathroom with separate toilet. The separate laundry sits alongside a handy walk-in storage room. Externally there is a double carport with lock-up storage cupboard, private and secure rear yard with garden shed and easy-care gardens so you can spend more time enjoying the relaxed Gippsland Lakes lifestyle. Perfect for the busy professional or those looking for a 'lock up and leave' residence that is high quality and low maintenance. A short drive to Paynesville shops, restaurants and boat ramps and approximately 15 - 20- minutes to Bairnsdale's major retailers, hospital and V/Line Train Station. Contact Adam Bloem at Elders Real Estate on 0400 803 653 to arrange your inspection.

Property History for 42a Cumming St, Paynesville, VIC 3880

A timeline of how this property has performed in the market
  • 13 Feb 2019
    Listed for Sale $350,000
  • 09 May 2018
    Listed for Sale $349,000

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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.