OFF MARKET

44 Newlands Drive
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Land area: 1104m2
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Last updated 11 Nov 2024
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Property Details for 44 Newlands Dr, Paynesville

44 Newlands Dr, Paynesville is a 3 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 1104m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
House
Land Size
1104m2
Local Government
East Gippsland
Lot/Plan
1/TP244305

Last Listing description (March 2020)

If a good location is important to you, it doesn't get much better than this!! Located walking distance to the Esplanade with beautiful water views, this three bedroom home is set to impress. Including three generous sized bedrooms, semi ensuite to the master, large lounge area with beautiful views across the lake to Newlands Arm, spacious and neat kitchen with electric cooking, formal dining area with split system heating and cooling, undercover paved area and a double carport. This home has been very well looked after and is the front home of two on the block. Register your interest today as it wont last!!

Property History for 44 Newlands Dr, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$471,000
13 Jan 2020
Listed for Rent
$330/w
30 Mar 2020
  • 16 Mar 2020
    Listed for Rent $330 / week
  • 13 Jan 2020
    Sold for $471,000
  • 19 Dec 2019
    Listed for Sale $475,000

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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 3,107 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 90 properties listed for sale, and 8 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Paynesville.

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