OFF MARKET

5/5 Canal Road
Paynesville VIC 3880

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 222m2
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Last updated 11 Nov 2024
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Property Details for 5/5 Canal Rd, Paynesville

5/5 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 222m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2001
Floor Size
83m2
Land Size
222m2
Local Government
East Gippsland
Lot/Plan
5/PS337286

Last Listing description (November 2023)

Located in the Over 55's gated community of Parkridge Village is this 2 bedroom unit. Featuring open plan living, bathroom with large walk-in shower, vanity and toilet, with 2nd toilet off the laundry. Other features include reverse cycle heating and cooling, plus gas heating, solar, single garage with internal access and small easy care garden. Also included as part of the community living is a communal club house, library, pool, veggie garden, workshop and parking for vans and extra vehicles. Call now to view.

Property Code: 213

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

A timeline of how this property has performed in the market
Last Sold
$335,000
04 Jul 2023
  • 04 Jul 2023
    Sold for $335,000
  • 11 Oct 2022
    Listed for Sale $359,000
  • 24 May 2012
    Sold for $235,000
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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.