OFF MARKET

47/5 Canal Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 173m2
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Property Details for 47/5 Canal Rd, Paynesville

47/5 Canal Rd, Paynesville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 173m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
Unit
Year Built
2001
Floor Size
83m2
Land Size
173m2
Local Government
East Gippsland
Lot/Plan
47/PS337286

Last Listing description (August 2017)

Spacious brick veneer villa situated in the popular over 55's Parkridge Village. Open plan living, kitchen with electric oven, generous sized master bedroom which opens onto a courtyard, second bedroom, large bathroom, second toilet off the laundry, direct access to the garage with auto door and front verandah where you can sit and soak up the sun. The village is a gated complex and all residents have access to the Clubrooms including the heated pool. Also carpark for additional vehicle and trailer storage.

Property History for 47/5 Canal Rd, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
17 Aug 2017
  • 16 Jun 2017
    Sold for $225,000
  • 06 Apr 2017
    Listed for Sale $245,000
  • 02 Mar 2005
    Sold for $232,000
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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 3,105 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 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.

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.