OFF MARKET

45/5 Canal Road
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 227m2
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Property Details for 45/5 Canal Rd, Paynesville

45/5 Canal Rd, Paynesville is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 227m2. While the property is not currently for sale or for rent, it was last sold in December 2013.

Building Type
Unit
Year Built
2001
Land Size
227m2
Local Government
East Gippsland
Lot/Plan
45/PS337286

Last Listing description (May 2015)

Built for modern retirement living this north facing, 3 bedroom home is situated in popular Parkridge, Canal Road Paynesville. Kitchen meals area with large lounge, quality bathroom, 2 toilets, plenty of cupboardspace & lock-up garage with auto roller door & internal access to the home. Other village benefits include community centre with meeting room & billiard room, village workshop & extra parking for second car, boat or caravan.

Property History for 45/5 Canal Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$247,500
23 Dec 2013
  • 15 May 2015
    Listed for Sale $262,000
  • 23 Dec 2013
    Sold for $247,500
  • 21 Oct 2013
    Listed for Sale $262,000
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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 3,091 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 89 properties listed for sale, and 7 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 126 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.